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

Lion Group Holding Ltd. (NASDAQ:LGHL) was the recipient of a significant decline in short interest in 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. Based on an average trading volume of 2,720,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

Lion Group Stock Performance

LGHL stock traded down $0.31 during mid-day trading on Friday, hitting $3.61. 99,465 shares of the company were exchanged, compared to its average volume of 40,584. Lion Group has a 1-year low of $3.37 and a 1-year high of $44.80. The firm’s 50 day simple moving average is $6.56 and its 200 day simple moving average is $8.57.

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.