Lichen China Limited (NASDAQ:LICN) Short Interest Update

Lichen China Limited (NASDAQ:LICN) was the target of a large 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 daily trading volume, of 128,800 shares, the short-interest ratio is currently 0.1 days. Approximately 3.0% of the shares of the company are sold short.

Lichen China Price Performance

LICN opened at $4.35 on Friday. Lichen China has a 12 month low of $4.20 and a 12 month high of $488.00. The business has a 50 day simple moving average of $18.31 and a 200-day simple moving average of $209.54.

About Lichen China

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.