Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHL) Short Interest Up 3,439.7% in July

Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHLGet Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 107,006 shares, an increase of 3,439.7% from the June 30th total of 3,023 shares. Currently, 22.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,449,597 shares, the days-to-cover ratio is currently 0.0 days.

Lion Group Trading Down 26.6%

NASDAQ LGHL opened at $0.91 on Friday. Lion Group has a 1-year low of $0.88 and a 1-year high of $366.21. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.11 and a quick ratio of 4.11. The stock has a 50-day moving average of $4.95 and a 200-day moving average of $8.96.

Lion Group (NASDAQ:LGHLGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported ($131.04) earnings per share for the quarter. The company had revenue of $6.17 million during the quarter.

Wall Street Analyst Weigh In

Several research firms have commented on LGHL. Weiss Ratings downgraded shares of Lion Group from a “sell (e+)” rating to a “sell (e)” rating in a research note on Monday, July 13th. Wall Street Zen raised shares of Lion Group to a “hold” rating in a research note on Saturday, July 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Lion Group presently has a consensus rating of “Sell”.

View Our Latest Research Report on LGHL

Institutional Trading of Lion Group

A hedge fund recently bought a new position in Lion Group stock. SmartHarvest Portfolios LLC bought a new position in Lion Group Holding Ltd. Sponsored ADR (NASDAQ:LGHLFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 32,448 shares of the company’s stock, valued at approximately $29,000. SmartHarvest Portfolios LLC owned 81.12% of Lion Group as of its most recent SEC filing. 0.17% of the stock is currently owned by institutional investors.

About Lion Group

(Get Free Report)

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.

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