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

Lion Group Holding Ltd. (NASDAQ:LGHL) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 4,000 shares, a drop of 18.4% from the March 15th total of 4,900 shares. Approximately 3.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 72,000 shares, the short-interest ratio is presently 0.1 days.

Lion Group Stock Performance

Lion Group stock traded up $0.14 during trading on Friday, hitting $3.10. The company’s stock had a trading volume of 333,023 shares, compared to its average volume of 54,750. Lion Group has a 1-year low of $2.59 and a 1-year high of $37.50. The stock’s fifty day moving average is $5.02 and its 200 day moving average is $7.61.

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.