Lion Group Holding Ltd. (NASDAQ:LGHL) Sees Significant Decrease in Short Interest

Lion Group Holding Ltd. (NASDAQ:LGHL) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 58,700 shares, a decrease of 79.4% from the September 30th total of 284,300 shares. Currently, 2.2% of the shares of the company are short sold. Based on an average daily trading volume, of 2,340,000 shares, the days-to-cover ratio is presently 0.0 days.

Lion Group Price Performance

Shares of LGHL stock remained flat at $0.20 on Friday. The stock had a trading volume of 1,562,488 shares, compared to its average volume of 1,033,979. Lion Group has a 52-week low of $0.17 and a 52-week high of $1.55. The stock’s 50-day simple moving average is $0.22 and its 200 day simple moving average is $0.37.

About Lion Group

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors primarily in the People's Republic of China and Southeast Asia. Its trading platform offers a range of products and services comprising contracts for difference trading, over-the-counter stock options trading, futures and securities brokerage, and total return swap trading services through its Lion Brokers Pro app platform.