Short Interest in Li Ning Co. (OTCMKTS:LNNGY) Drops By 78.2%

Posted by George Bondi on Jul 11th, 2026

Li Ning Co. (OTCMKTS:LNNGY – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 320 shares, a decrease of 78.2% from the June 15th total of 1,468 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 29,682 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Zacks Research lowered shares of Li Ning from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 22nd. The Goldman Sachs Group upgraded shares of Li Ning from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 22nd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Read Our Latest Research Report on LNNGY

Li Ning Stock Up 2.0%

Shares of OTCMKTS LNNGY traded up $0.90 during midday trading on Friday, reaching $46.85. 14,127 shares of the company’s stock were exchanged, compared to its average volume of 13,729. Li Ning has a 52-week low of $45.03 and a 52-week high of $74.18. The business’s fifty day moving average price is $55.24 and its two-hundred day moving average price is $62.51.

Li Ning Company Profile

(Get Free Report)

Li Ning Company Limited is a leading Chinese sportswear company engaged in the design, development, manufacturing and sale of athletic and lifestyle products. The company’s portfolio includes performance footwear, apparel and accessories tailored for running, basketball, training and other fitness activities. Li Ning distributes its products through an extensive network of concept stores, franchise outlets and e-commerce platforms across China and growing markets overseas.

Founded in 1990 by Li Ning, a decorated Olympic gymnast, the company quickly gained prominence in domestic and international markets.