Li Ning Company Limited (OTCMKTS:LNNGY) Short Interest Down 91.9% in June

Li Ning Company Limited (OTCMKTS:LNNGY) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 300 shares, a drop 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 currently 0.0 days.

Li Ning Stock Down 2.3 %

OTCMKTS LNNGY opened at $53.02 on Friday. The company has a fifty day simple moving average of $65.28 and a two-hundred day simple moving average of $62.74. Li Ning has a 12-month low of $48.37 and a 12-month high of $153.34.

Li Ning Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, July 15th. Shareholders of record on Tuesday, June 18th will be issued a $0.5702 dividend. The ex-dividend date of this dividend is Tuesday, June 18th.

Li Ning Company Profile

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.