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 in the month of February. As of February 27th, there was short interest totaling 9,644 shares, an increase of 131.8% from the February 12th total of 4,161 shares. Currently, 26.1% of the company’s stock are short sold. Based on an average daily volume of 682,642 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 682,642 shares, the days-to-cover ratio is presently 0.0 days. Currently, 26.1% of the company’s stock are short sold.

Analysts Set New Price Targets

LGHL has been the subject of several research analyst reports. Wall Street Zen upgraded Lion Group to a “sell” rating in a research report on Saturday, February 21st. Weiss Ratings restated a “sell (e)” rating on shares of Lion Group in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lion Group has a consensus rating of “Sell”.

Hedge Funds Weigh In On Lion Group

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

Lion Group Stock Up 2.4%

LGHL stock opened at $1.27 on Thursday. Lion Group has a fifty-two week low of $1.03 and a fifty-two week high of $73.52. The business has a 50-day moving average of $1.58 and a 200-day moving average of $1.93.

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. 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.