Lichen China Limited (NASDAQ:LICN) Short Interest Down 28.4% in March

Lichen China Limited (NASDAQ:LICN) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 14,100 shares, a decrease of 28.4% from the March 15th total of 19,700 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average trading volume of 103,100 shares, the short-interest ratio is presently 0.1 days.

Lichen China Stock Performance

Shares of LICN traded up $0.37 during trading hours on Friday, hitting $3.53. 130,468 shares of the company were exchanged, compared to its average volume of 44,555. The firm has a fifty day simple moving average of $6.47 and a 200-day simple moving average of $135.99. Lichen China has a one year low of $2.60 and a one year high of $488.00.

Lichen China Company Profile

Lichen China Limited, together with its subsidiaries, operates as an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China and internationally. The company offers financial and taxation related management consultation, internal control management consultation, annual or regular consultation, and internal training and general consultation services; and education support services, including marketing, operational, and technical support, as well as sells teaching and learning materials.