Li Ning Company Limited (OTCMKTS:LNNGY – Get Free Report) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 300 shares, a decline of 91.9% from the May 31st total of 3,700 shares. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is presently 0.0 days.
Li Ning Trading Down 2.3 %
Shares of Li Ning stock traded down $1.27 on Friday, reaching $53.02. The stock had a trading volume of 33,271 shares, compared to its average volume of 10,505. The business’s 50 day moving average is $65.30 and its two-hundred day moving average is $62.78. Li Ning has a 1 year low of $48.37 and a 1 year high of $153.34.
Li Ning Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, July 15th. Investors of record on Tuesday, June 18th will be given a $0.5702 dividend. The ex-dividend date is Tuesday, June 18th.
About Li Ning
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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