Short Interest in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) Drops By 78.1%

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 4,161 shares, a drop of 78.1% from the January 29th total of 19,034 shares. Approximately 11.2% of the company’s shares are short sold. Based on an average daily trading volume, of 129,898 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 129,898 shares, the days-to-cover ratio is presently 0.0 days. Approximately 11.2% of the company’s shares are short sold.

Hedge Funds Weigh In On Lion Group

A hedge fund recently bought a new stake in Lion Group stock. Marex Group plc purchased a new position in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned approximately 84.76% of Lion Group as of its most recent filing with the SEC. Institutional investors own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “sell (e)” rating on shares of Lion Group in a research note on Monday, December 29th. Wall Street Zen raised shares of Lion Group to a “sell” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Lion Group Trading Down 5.9%

NASDAQ LGHL opened at $1.27 on Friday. The firm’s 50 day moving average is $1.85 and its 200-day moving average is $1.99. Lion Group has a 12-month low of $1.05 and a 12-month high of $96.53.

Lion Group (NASDAQ:LGHL) last posted 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 during the quarter.

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.