Lichen China Limited (NASDAQ:LICN) Short Interest Update

Lichen China Limited (NASDAQ:LICN) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 185,500 shares, a decrease of 24.9% from the May 15th total of 247,100 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average trading volume of 829,300 shares, the days-to-cover ratio is presently 0.2 days.

Lichen China Stock Down 3.9 %

Shares of LICN stock traded down $0.05 on Friday, reaching $1.35. The company had a trading volume of 15,149 shares, compared to its average volume of 390,274. Lichen China has a one year low of $0.50 and a one year high of $2.30. The business’s 50-day moving average is $1.29 and its 200 day moving average is $1.39.

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.