Lion Group Holding Ltd. (NASDAQ:LGHL) Brief Interest Update

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Lion Group Holding Ltd. (NASDAQ: LGHL – Get Rating) benefited from a sharp rise in short-term interest rates in March. As of March 31, there was short interest totaling 1,250,000 shares, an increase of 38.2% from the March 15 total of 904,800 shares. Based on an average daily trading volume of 425,900 shares, the short-term interest rate ratio is currently 2.9 days.

A number of institutional investors and hedge funds have recently shifted their holdings to LGHL. Millennium Management LLC acquired a new stake in Lion Group during Q4, valued at approximately $48,000. Marshall Wace LLP purchased a new stake in Lion Group during Q4, valued at approximately $114,000. Finally, JPMorgan Chase & Co. increased its stake in Lion Group by 29.3% during the 4th quarter. JPMorgan Chase & Co. now owns 128,416 shares of the company valued at $170,000 after purchasing an additional 29,130 ​​shares during the period. 1.29% of the shares are currently held by institutional investors.

Shares of LGHL rose $0.20 during Friday trading hours, hitting $1.60. 858,918 shares of the company were traded, against an average volume of 780,187. The company has a 50-day moving average price of $1.20 and a 200-day moving average price of $1.53. Lion Group has a 12-month low of $0.70 and a 12-month high of $3.13.

Lion Group Company Profile (Get a rating)

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders and retail investors. The Company’s trading platform offers a range of products and services including total return swap trading, contract for difference trading, futures and securities brokerage and stock brokerage services. assurance.

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