Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL – Get Free Report) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 12,848 shares, a growth of 125.5% from the September 30th total of 5,698 shares. Based on an average daily volume of 609,048 shares, the short-interest ratio is currently 0.0 days. Approximately 53.5% of the shares of the stock are sold short.
Wall Street Analyst Weigh In
LGHL has been the subject of several research reports. Weiss Ratings cut Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a report on Monday. Wall Street Zen raised shares of Lion Group to a “hold” rating in a research note on Saturday, July 18th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Lion Group has an average rating of “Sell”.
View Our Latest Research Report on LGHL
Lion Group Price Performance
Shares of NASDAQ:LGHL traded down $0.38 during midday trading on Friday, reaching $2.27. The company’s stock had a trading volume of 54,971 shares, compared to its average volume of 217,680. Lion Group has a 1 year low of $2.00 and a 1 year high of $2,387.97. The business has a 50 day moving average price of $6.23 and a 200 day moving average price of $116.76.
About Lion Group
Lion Group Holding Limited is a financial services company that operates through subsidiaries and brands serving individual and institutional investors. Its businesses primarily include securities brokerage, investment banking, asset management, margin financing and proprietary trading.
Through its online brokerage platform, Lion Brokers, the company provides access to a range of investment products and markets, including equities, exchange-traded funds, futures and options. Its services are designed to support trading and investment activity in markets such as Hong Kong, the United States and Singapore, subject to applicable regulations.
Lion Group Holding is based in Hong Kong and has expanded its operations across parts of Asia.
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