Longfin Sees Unusually High Options Volume (LFIN)
Longfin Corp (NASDAQ:LFIN) was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 2,516 call options on the company. This represents an increase of approximately 989% compared to the typical daily volume of 231 call options.
Longfin (NASDAQ:LFIN) opened at $36.85 on Friday. Longfin has a 1 year low of $4.69 and a 1 year high of $142.82.
Longfin Company Profile
Longfin Corp is a finance and technology company. The Company is focused on providing trade finance solutions and physical commodities finance solutions for finance houses and trading platforms for North America, South America and Africa regions. The Company’s business model includes importer and exporter financing, financial institution intermediation, insurance backed trade financing, and Carry trade finance with FX solutions.
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