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

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 94,287 shares, a decline of 67.7% from the May 31st total of 292,045 shares. Based on an average trading volume of 906,070 shares, the short-interest ratio is presently 0.1 days. Approximately 2.2% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Lion Group Stock Up 5.5%

Shares of Lion Group stock traded up $0.02 during trading on Tuesday, reaching $0.33. The company’s stock had a trading volume of 135,476 shares, compared to its average volume of 709,590. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.11 and a quick ratio of 4.11. Lion Group has a 52-week low of $0.29 and a 52-week high of $54.86. The firm’s 50-day moving average is $0.76 and its two-hundred day moving average is $1.38.

Shares of Lion Group are set to reverse split on Thursday, July 9th. The 1-6 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, July 8th.

Lion Group (NASDAQ:LGHL) last issued its earnings results on Thursday, April 30th. The company reported ($14.56) EPS for the quarter. The company had revenue of $6.17 million for the quarter.

Insider Buying and Selling

In related news, major shareholder Financial Lp Hrt sold 39,250 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $0.88, for a total value of $34,540.00. Following the transaction, the insider owned 3,967 shares of the company’s stock, valued at $3,490.96. This represents a 90.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders acquired a total of 58,104 shares of company stock valued at $50,100 over the last quarter. 8.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lion Group stock. SmartHarvest Portfolios LLC purchased a new stake in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned about 81.12% of Lion Group as of its most recent SEC filing. Institutional investors and hedge funds own 0.17% of the company’s stock.

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.