Li Ning Company Limited (OTCMKTS:LNNGF) Short Interest Up 153.3% in July

Li Ning Company Limited (OTCMKTS:LNNGF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 3,439,400 shares, an increase of 153.3% from the June 30th total of 1,357,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 34,394.0 days.

Li Ning Stock Performance

Shares of OTCMKTS:LNNGF remained flat at $1.89 during midday trading on Friday. The stock has a 50-day moving average price of $2.39 and a 200-day moving average price of $2.46. Li Ning has a 1 year low of $1.89 and a 1 year high of $5.95.

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.