Lichen China Limited (NASDAQ:LICN) Short Interest Update

Lichen China Limited (NASDAQ:LICN) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 32,200 shares, a decline of 55.7% from the February 29th total of 72,700 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 352,200 shares, the short-interest ratio is currently 0.1 days.

Lichen China Stock Performance

Shares of LICN traded up $0.03 on Thursday, reaching $1.17. 39,490 shares of the stock traded hands, compared to its average volume of 368,112. Lichen China has a 12 month low of $0.63 and a 12 month high of $3.54. The stock’s 50-day moving average price is $1.27 and its 200-day moving average price is $1.42.

Institutional Trading of Lichen China

An institutional investor recently bought a new position in Lichen China stock. Two Sigma Investments LP acquired a new position in Lichen China Limited (NASDAQ:LICN) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,760 shares of the company’s stock, valued at approximately $37,000. Two Sigma Investments LP owned approximately 0.07% of Lichen China as of its most recent filing with the Securities and Exchange Commission (SEC).

Lichen China 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. 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.