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

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

Lion Group Stock Down 7.8 %

Shares of NASDAQ:LGHL traded down $0.31 during 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 fifty-two week low of $3.37 and a fifty-two week high of $44.80. The firm has a fifty day moving average price of $6.56 and a two-hundred day moving average price of $8.57.

About Lion Group

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.