Lichen China Limited (NASDAQ:LICN) Short Interest Update

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

Lichen China Stock Up 0.8 %

Shares of LICN traded up $0.04 during trading hours on Wednesday, reaching $4.84. 19,061 shares of the company traded hands, compared to its average volume of 107,070. The stock has a fifty day simple moving average of $19.58 and a 200 day simple moving average of $212.43. Lichen China has a fifty-two week low of $4.52 and a fifty-two 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.