Short Interest in Lion Group Holding Ltd. (NASDAQ:LGHL) Decreases By 30.6%

Lion Group Holding Ltd. (NASDAQ:LGHL) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 120,500 shares, a decline of 30.6% from the August 31st total of 173,600 shares. Based on an average trading volume of 1,000,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 4.4% of the company’s stock are sold short.

Lion Group Price Performance

Lion Group stock remained flat at $0.24 during midday trading on Friday. 3,612,411 shares of the company traded hands, compared to its average volume of 598,643. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.20. Lion Group has a 1-year low of $0.19 and a 1-year high of $1.55. The stock’s 50-day simple moving average is $0.26 and its 200-day simple moving average is $0.46.

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.