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

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 19,034 shares, an increase of 212.4% from the January 15th total of 6,093 shares. Based on an average daily trading volume, of 528,434 shares, the short-interest ratio is currently 0.0 days. Approximately 51.4% of the company’s stock are sold short. Approximately 51.4% of the company’s stock are sold short. Based on an average daily trading volume, of 528,434 shares, the short-interest ratio is currently 0.0 days.

Lion Group Price Performance

Shares of NASDAQ LGHL opened at $1.26 on Thursday. The firm’s 50-day moving average price is $2.56 and its 200-day moving average price is $2.08. Lion Group has a 52-week low of $1.08 and a 52-week high of $119.60.

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Lion Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock 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.