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

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 6,093 shares, a growth of 235.1% from the December 31st total of 1,818 shares. Currently, 16.5% of the shares of the company are short sold. Based on an average trading volume of 61,942 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 61,942 shares, the days-to-cover ratio is currently 0.1 days. Currently, 16.5% of the shares of the company are short sold.

Lion Group Price Performance

Shares of NASDAQ LGHL traded down $0.08 during mid-day trading on Thursday, hitting $1.55. 80,558 shares of the company were exchanged, compared to its average volume of 277,069. The stock has a 50 day simple moving average of $3.13 and a 200-day simple moving average of $2.22. Lion Group has a 1-year low of $1.39 and a 1-year high of $119.60.

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

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Lion Group in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Lion Group presently has an average rating of “Sell”.

About Lion Group

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.