Li Ning Company Limited (OTCMKTS:LNNGF – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 4,310,200 shares, a drop of 50.8% from the September 30th total of 8,754,700 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 10,775.5 days.
Li Ning Stock Performance
Li Ning stock remained flat at $2.33 during midday trading on Friday. Li Ning has a 12-month low of $1.62 and a 12-month high of $4.51. The business’s fifty day moving average is $1.99 and its two-hundred day moving average is $2.24.
About Li Ning
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