Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) Sees Large Decrease in Short Interest

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 4,161 shares, a drop of 78.1% from the January 29th total of 19,034 shares. Approximately 11.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 129,898 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 129,898 shares, the days-to-cover ratio is presently 0.0 days. Approximately 11.2% of the shares of the stock are sold short.

Lion Group Stock Performance

Shares of Lion Group stock traded down $0.08 during trading hours on Friday, hitting $1.27. The company’s stock had a trading volume of 164,936 shares, compared to its average volume of 356,119. The firm has a fifty day moving average of $1.89 and a 200-day moving average of $1.99. Lion Group has a twelve month low of $1.05 and a twelve month high of $96.53.

Lion Group (NASDAQ:LGHL) last announced its quarterly earnings results on Friday, October 31st. The company reported ($1.25) earnings per share for the quarter. The business had revenue of ($1.47) million for the quarter.

Institutional Investors Weigh In On Lion Group

A hedge fund recently bought a new stake in Lion Group stock. Marex Group plc purchased 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 SEC. The firm purchased 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 84.76% of Lion Group at the end of the most recent reporting period. Institutional investors and hedge funds own 0.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on LGHL shares. Weiss Ratings reiterated a “sell (e)” rating on shares of Lion Group in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Lion Group to a “sell” rating in a report on Saturday, February 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Lion Group has an average 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.