Lichen International Limited (NASDAQ:LICN) Short Interest Update

Lichen International Limited (NASDAQ:LICN – Get Free Report) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 4,689 shares, a decline of 74.4% from the April 15th total of 18,321 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 35,882 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of Lichen International from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Lichen International has a consensus rating of “Sell”.

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Lichen International Stock Performance

Shares of NASDAQ:LICN traded down $1.31 during trading on Friday, reaching $7.08. The stock had a trading volume of 220,622 shares, compared to its average volume of 42,868. The business has a fifty day moving average price of $4.81 and a 200-day moving average price of $3.75. Lichen International has a fifty-two week low of $2.57 and a fifty-two week high of $9.49.

Lichen International (NASDAQ:LICN – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $14.18 earnings per share for the quarter. The firm had revenue of $5.13 million during the quarter.

Lichen International Company Profile

(Get Free Report)

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.

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