Short Interest in Li Ning Company Limited (OTCMKTS:LNNGF) Declines By 47.7%

Li Ning Company Limited (OTCMKTS:LNNGF) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 6,472,000 shares, a decrease of 47.7% from the August 31st total of 12,383,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 64,720.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is currently 64,720.0 days.

Li Ning Stock Performance

OTCMKTS LNNGF opened at $2.10 on Monday. The business’s fifty day moving average is $2.25 and its 200 day moving average is $2.03. Li Ning has a fifty-two week low of $1.53 and a fifty-two week high of $2.60.

About Li Ning

Li Ning Company Limited, a sports brand company, engages in the research and development, design, manufacture, marketing, distribution, and retail of sporting goods in the People's Republic of China. The company offers sporting goods, including professional and leisure footwear, apparel, equipment, and accessories under the LI-NING brand.