Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) Short Interest Down 75.3% in July

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 26,483 shares, a drop of 75.3% from the July 15th total of 107,006 shares. Based on an average daily volume of 7,301,805 shares, the short-interest ratio is currently 0.0 days. Currently, 5.6% of the shares of the company are short sold.

Insider Transactions at Lion Group

In other Lion Group news, major shareholder Financial Lp Hrt purchased 34,355 shares of Lion Group stock in a transaction that occurred on Friday, July 31st. The stock was acquired at an average price of $0.94 per share, for a total transaction of $32,293.70. Following the completion of the acquisition, the insider owned 74,710 shares of the company’s stock, valued at approximately $70,227.40. This trade represents a 85.13% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last three months, insiders have bought 62,093 shares of company stock valued at $58,674 and have sold 140,121 shares valued at $203,480. Company insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Lion Group

An institutional investor recently bought a new position in Lion Group stock. Marex Group plc bought a new position in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned 84.76% of Lion Group at the end of the most recent quarter. Hedge funds and other institutional investors own 0.17% of the company’s stock.

Lion Group Price Performance

Shares of NASDAQ LGHL traded down $0.02 during mid-day trading on Friday, reaching $0.79. 957,604 shares of the company were exchanged, compared to its average volume of 1,178,626. The company’s 50-day simple moving average is $3.01 and its 200-day simple moving average is $7.26. The company has a debt-to-equity ratio of 0.81, a quick ratio of 4.11 and a current ratio of 4.11. Lion Group has a twelve month low of $0.70 and a twelve month high of $317.06.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Wall Street Zen raised Lion Group to a “hold” rating in a research report on Saturday, July 18th. Weiss Ratings raised Lion Group from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lion Group has a consensus rating of “Sell”.

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.