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 growth in short interest in February. As of February 27th, there was short interest totaling 9,644 shares, a growth of 131.8% from the February 12th total of 4,161 shares. Currently, 26.1% of the shares of the company are sold short. Based on an average daily volume of 682,642 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 682,642 shares, the short-interest ratio is currently 0.0 days. Currently, 26.1% of the shares of the company are sold short.

Institutional Trading of Lion Group

A hedge fund recently bought a new stake in Lion Group stock. Marex Group plc acquired a new stake in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned about 84.76% of Lion Group at the end of the most recent reporting period. Institutional investors own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Lion Group to a “sell” rating in a research note on Saturday, February 21st. Weiss Ratings reissued a “sell (e)” rating on shares of Lion Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lion Group presently has an average rating of “Sell”.

Lion Group Price Performance

Lion Group stock opened at $1.23 on Friday. The stock has a 50-day moving average price of $1.53 and a 200 day moving average price of $1.92. Lion Group has a 52 week low of $1.03 and a 52 week high of $71.50.

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.