Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL – Get Free Report) was the recipient of a significant growth in short interest during the month of 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. Approximately 53.5% of the company’s stock are short sold. Based on an average daily volume of 609,048 shares, the short-interest ratio is currently 0.0 days.
Analyst Ratings Changes
A number of analysts recently issued reports on the stock. Weiss Ratings lowered shares of Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research note on Monday. Wall Street Zen raised shares of Lion Group to a “hold” rating in a research report on Saturday, July 18th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Lion Group currently has an average rating of “Sell”.
Read Our Latest Stock Report on Lion Group
Lion Group Stock Down 14.3%
LGHL stock traded down $0.38 during trading on Friday, hitting $2.27. 56,077 shares of the company’s stock traded hands, compared to its average volume of 375,941. The stock has a fifty day moving average price of $6.02 and a two-hundred day moving average price of $114.83. Lion Group has a 52 week low of $2.00 and a 52 week high of $2,387.97.
Lion Group Company Profile
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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