Li Ning Company Limited (OTCMKTS:LNNGF – Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 11,888,315 shares, a decrease of 57.7% from the April 30th total of 28,100,410 shares. Based on an average daily trading volume, of 296 shares, the short-interest ratio is currently 40,163.2 days.
Li Ning Price Performance
OTCMKTS:LNNGF remained flat at $2.05 on Friday. The business has a fifty day moving average price of $2.48 and a 200-day moving average price of $2.46. Li Ning has a 52-week low of $1.84 and a 52-week high of $2.85.
Li Ning Company Profile
Li Ning Company Limited is a leading manufacturer, distributor and retailer of sportswear and sports equipment headquartered in Beijing, China. The company’s product portfolio encompasses athletic footwear, apparel and accessories tailored to running, basketball, badminton, tennis and fitness segments. Since its founding in 1990 by former Olympic gymnast Li Ning, the firm has developed a comprehensive supply chain that spans design, manufacturing, wholesale and retail channels.
Li Ning distributes its products through a network of directly operated stores, franchised outlets and e-commerce platforms across mainland China.
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