Lichen China Limited (NASDAQ:LICN) Short Interest Update

Lichen China Limited (NASDAQ:LICN) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 18,500 shares, a decline of 97.3% from the February 13th total of 679,400 shares. Currently, 3.0% of the company’s stock are sold short. Based on an average daily trading volume, of 128,800 shares, the days-to-cover ratio is presently 0.1 days.

Lichen China Stock Performance

Shares of Lichen China stock traded up $0.04 on Wednesday, hitting $4.84. 19,061 shares of the company’s stock traded hands, compared to its average volume of 107,070. The firm’s 50-day moving average is $19.58 and its 200 day moving average is $212.43. Lichen China has a 52-week low of $4.52 and a 52-week high of $488.00.

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 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.