Lichen China Limited (NASDAQ:LICN) Short Interest Update

Lichen China Limited (NASDAQ:LICN - Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 109,500 shares, an increase of 11.3% from the September 30th total of 98,400 shares. Based on an average daily volume of 195,800 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company's stock are short sold.

Lichen China Price Performance

LICN traded up $0.01 during midday trading on Thursday, hitting $2.01. 1,804,436 shares of the company traded hands, compared to its average volume of 470,787. Lichen China has a 52 week low of $0.50 and a 52 week high of $2.44. The company's 50-day moving average is $1.88 and its 200 day moving average is $1.68.

Institutional Trading of Lichen China

A hedge fund recently bought a new stake in Lichen China stock. XTX Topco Ltd purchased a new position in Lichen China Limited (NASDAQ:LICN - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,315 shares of the company's stock, valued at approximately $54,000. XTX Topco Ltd owned about 0.14% of Lichen China as of its most recent SEC filing.

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.