Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 2,300 shares, a decline of 51.1% from the April 30th total of 4,700 shares. Based on an average daily volume of 43,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
Li Ning Trading Up 2.1%
Li Ning stock traded up $0.98 during mid-day trading on Wednesday, reaching $48.35. 10,638 shares of the company traded hands, compared to its average volume of 15,833. The firm's fifty day moving average is $48.24 and its two-hundred day moving average is $51.48. Li Ning has a fifty-two week low of $39.26 and a fifty-two week high of $68.58.
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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