Lion Group Holding Ltd. (NASDAQ:LGHL) Sees Large Decline in Short Interest

Lion Group Holding Ltd. (NASDAQ:LGHL) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 4,900 shares, a decline of 93.7% from the February 28th total of 77,700 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,720,000 shares, the days-to-cover ratio is presently 0.0 days.

Lion Group Stock Performance

Shares of Lion Group stock traded up $0.46 on Wednesday, hitting $4.16. 263,541 shares of the company’s stock traded hands, compared to its average volume of 39,298. Lion Group has a 52-week low of $3.37 and a 52-week high of $44.80. The firm’s 50-day moving average is $6.65 and its 200 day moving average is $8.60.

Lion Group Company Profile

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.