Lichen International Limited (NASDAQ:LICN) Short Interest Update

Lichen International Limited (NASDAQ:LICN) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 37,368 shares, an increase of 366.9% from the March 15th total of 8,003 shares. Based on an average trading volume of 75,186 shares, the days-to-cover ratio is presently 0.5 days. Currently, 6.2% of the shares of the company are short sold.

Lichen International Stock Performance

Shares of Lichen International stock opened at $3.19 on Monday. Lichen International has a 52-week low of $2.57 and a 52-week high of $8.28. The company’s 50-day simple moving average is $3.56 and its 200-day simple moving average is $3.52.

About Lichen International

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.