Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) Short Interest Update

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,023 shares, a drop of 96.8% from the June 15th total of 94,287 shares. Based on an average daily volume of 488,135 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Lion Group from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Lion Group presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Lion Group

A hedge fund recently bought a new position in Lion Group stock. SmartHarvest Portfolios LLC bought a new position in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned approximately 81.12% of Lion Group at the end of the most recent reporting period. Institutional investors own 0.17% of the company’s stock.

Lion Group Price Performance

Shares of LGHL stock traded down $0.09 during midday trading on Friday, reaching $0.27. 3,463,843 shares of the company were exchanged, compared to its average volume of 4,867,035. Lion Group has a 12 month low of $0.24 and a 12 month high of $54.86. The company’s 50 day moving average price is $0.66 and its two-hundred day moving average price is $1.16. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.81.

Lion Group (NASDAQ:LGHL) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($14.56) earnings per share (EPS) for the quarter. The firm had revenue of $6.17 million for the quarter.

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.