Lichen International Limited (NASDAQ:LICN) Sees Significant Growth in Short Interest

Lichen International Limited (NASDAQ:LICN) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 12,235 shares, a growth of 66.3% from the January 29th total of 7,356 shares. Based on an average daily volume of 6,615 shares, the days-to-cover ratio is currently 1.8 days. Approximately 2.0% of the company’s shares are short sold. Approximately 2.0% of the company’s shares are short sold. Based on an average daily volume of 6,615 shares, the days-to-cover ratio is currently 1.8 days.

Lichen International Stock Performance

Lichen International stock traded up $0.02 during trading on Monday, hitting $3.14. The company’s stock had a trading volume of 1,016 shares, compared to its average volume of 6,993. The stock’s fifty day moving average is $3.05 and its 200 day moving average is $3.68. Lichen International has a 1-year low of $2.57 and a 1-year high of $8.28.

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.