Short Interest in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) Increases By 131.8%

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 9,644 shares, an increase of 131.8% from the February 12th total of 4,161 shares. Approximately 26.1% of the company’s stock are sold short. Based on an average daily volume of 682,642 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 682,642 shares, the days-to-cover ratio is presently 0.0 days. Approximately 26.1% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on LGHL shares. Weiss Ratings reiterated a “sell (e)” rating on shares of Lion Group in a research note on Monday, December 29th. Wall Street Zen raised shares of Lion Group to a “sell” rating in a research note on Saturday, February 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Lion Group has a consensus rating of “Sell”.

Lion Group Trading Up 2.4%

NASDAQ:LGHL opened at $1.27 on Thursday. The firm’s fifty day moving average price is $1.58 and its two-hundred day moving average price is $1.93. Lion Group has a one year low of $1.03 and a one year high of $73.52.

Institutional Investors Weigh In On Lion Group

An institutional investor recently bought a new position in Lion Group stock. Marex Group plc acquired a new position in shares of Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 34,751 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned 84.76% of Lion Group as of its most recent SEC filing. Hedge funds and other institutional investors own 0.17% of the company’s stock.

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.