Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) Short Interest Update

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 107,006 shares, an increase of 3,439.7% from the June 30th total of 3,023 shares. Currently, 22.6% of the shares of the company are short sold. Based on an average daily volume of 4,449,597 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

LGHL has been the topic of a number of research reports. Weiss Ratings downgraded Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research note on Monday, July 13th. Wall Street Zen upgraded Lion Group to a “hold” rating in a research note on Saturday, July 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Trading of Lion Group

A hedge fund recently bought a new position in Lion Group stock. Marex Group plc bought a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned about 84.76% of Lion Group at the end of the most recent quarter. Institutional investors own 0.17% of the company’s stock.

Lion Group Price Performance

NASDAQ:LGHL traded down $0.33 during trading hours on Friday, reaching $0.91. 514,339 shares of the company’s stock were exchanged, compared to its average volume of 435,240. The company has a 50-day moving average of $4.95 and a 200 day moving average of $8.96. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.81. Lion Group has a 1-year low of $0.88 and a 1-year high of $366.21.

Lion Group (NASDAQ:LGHL) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($131.04) EPS for the quarter. The business had revenue of $6.17 million for the quarter.

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. The company's trading platform allows users to trade various futures products on futures exchanges worldwide, including the Chicago Mercantile Exchange, Singapore Exchange, the Hong Kong Futures Exchange, and Eurex Exchange; stocks listed on the New York Stock Exchange, Nasdaq and Hong Kong Stock Exchange; and the People's Republic of China stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange that are eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs.