Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) Short Interest Update
by Doug Wharley · The Cerbat GemLion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL – Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 3,841 shares, a decrease of 31.2% from the March 15th total of 5,586 shares. Based on an average daily volume of 95,656 shares, the short-interest ratio is presently 0.0 days. Currently, 10.4% of the company’s stock are sold short.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. Weiss Ratings reissued a “sell (e)” rating on shares of Lion Group in a report 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 analyst has rated the stock with a Sell rating, According to MarketBeat, Lion Group has an average rating of “Sell”.
Check Out Our Latest Research Report on Lion Group
Lion Group Stock Performance
LGHL stock traded down $0.07 during midday trading on Thursday, reaching $0.83. The stock had a trading volume of 76,561 shares, compared to its average volume of 193,183. The firm has a fifty day simple moving average of $1.11 and a two-hundred day simple moving average of $1.82. Lion Group has a 52-week low of $0.77 and a 52-week high of $62.92.
Insider Buying and Selling at Lion Group
In related news, major shareholder Financial Lp Hrt sold 39,250 shares of the business’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $0.88, for a total transaction of $34,540.00. Following the transaction, the insider directly owned 3,967 shares in the company, valued at $3,490.96. The trade was a 90.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders acquired 62,226 shares of company stock valued at $54,635 and sold 55,095 shares valued at $50,791. 8.70% of the stock is owned by insiders.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Lion Group stock. Marex Group plc bought a new stake in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned 84.76% of Lion Group at the end of the most recent reporting period. Institutional investors own 0.17% of the company’s stock.
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.