Short Interest in Lichen China Limited (NASDAQ:LICN) Drops By 28.4%

Lichen China Limited (NASDAQ:LICN) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 14,100 shares, a decline of 28.4% from the March 15th total of 19,700 shares. Based on an average daily volume of 103,100 shares, the short-interest ratio is currently 0.1 days. Currently, 2.1% of the shares of the stock are short sold.

Lichen China Trading Up 11.7 %

Shares of LICN stock opened at $3.53 on Friday. The business’s fifty day moving average is $6.70 and its 200 day moving average is $140.17. Lichen China has a 52-week low of $2.60 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.