Short Interest in Lichen China Limited (NASDAQ:LICN) Increases By 98.6%

Lichen China Limited (NASDAQ:LICN) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 28,000 shares, an increase of 98.6% from the March 31st total of 14,100 shares. Approximately 4.4% of the shares of the company are short sold. Based on an average daily volume of 101,600 shares, the short-interest ratio is presently 0.3 days.

Lichen China Stock Performance

NASDAQ LICN opened at $3.45 on Thursday. The company’s fifty day moving average is $4.80 and its two-hundred day moving average is $117.28. Lichen China has a 52-week low of $2.60 and a 52-week high of $488.00.

Lichen China Company Profile

Lichen China Limited, together with its subsidiaries, operates as an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China and internationally. The company offers financial and taxation related management consultation, internal control management consultation, annual or regular consultation, and internal training and general consultation services; and education support services, including marketing, operational, and technical support, as well as sells teaching and learning materials.