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

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 107,006 shares, a growth of 3,439.7% from the June 30th total of 3,023 shares. Approximately 22.6% of the company’s shares are short sold. Based on an average daily volume of 4,449,597 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Lion Group

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

Analyst Ratings Changes

A number of research analysts have commented on the company. Weiss Ratings cut Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research note on Monday, July 13th. Wall Street Zen upgraded Lion Group to a “hold” rating in a report on Saturday, July 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lion Group has an average rating of “Sell”.

Lion Group Stock Down 26.6%

Lion Group stock traded down $0.33 during mid-day trading on Friday, reaching $0.91. 514,339 shares of the company’s stock were exchanged, compared to its average volume of 435,240. Lion Group has a twelve month low of $0.88 and a twelve month high of $366.21. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.11 and a quick ratio of 4.11. The company has a fifty day moving average of $4.95 and a 200-day moving average of $8.96.

Lion Group (NASDAQ:LGHL) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($131.04) EPS for the quarter. The business 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.