Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 900 shares, a decrease of 60.9% from the May 15th total of 2,300 shares. Based on an average daily trading volume, of 25,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.
Li Ning Stock Performance
Shares of Li Ning stock traded up $0.48 during trading on Monday, reaching $49.94. The company's stock had a trading volume of 10,117 shares, compared to its average volume of 15,049. The company has a 50-day moving average price of $48.47 and a two-hundred day moving average price of $51.42. Li Ning has a fifty-two week low of $39.26 and a fifty-two week high of $68.58.
Li Ning Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, June 18th will be paid a dividend of $0.6507 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a dividend yield of 3.84%.
About Li Ning
(
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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.
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