Lichen International Limited (NASDAQ:LICN) Short Interest Update

Lichen International Limited (NASDAQ:LICN) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 7,508 shares, a decrease of 14.0% from the December 31st total of 8,731 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 9,772 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 9,772 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.3% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lichen International in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Lichen International currently has an average rating of “Sell”.

Lichen International Price Performance

NASDAQ:LICN traded up $0.10 during mid-day trading on Tuesday, reaching $3.10. The company’s stock had a trading volume of 11,841 shares, compared to its average volume of 9,038. The firm’s fifty day moving average price is $3.09 and its two-hundred day moving average price is $3.85. Lichen International has a 12-month low of $2.57 and a 12-month high of $19.00.

Lichen International Company Profile

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.