Lichen International Limited (NASDAQ:LICN) Short Interest Update

Lichen International Limited (NASDAQ:LICN) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 10,683 shares, a drop of 12.7% from the February 12th total of 12,235 shares. Based on an average daily volume of 2,376 shares, the short-interest ratio is currently 4.5 days. Approximately 1.8% of the company’s stock are short sold. Approximately 1.8% of the company’s stock are short sold. Based on an average daily volume of 2,376 shares, the short-interest ratio is currently 4.5 days.

Lichen International Trading Down 2.3%

Shares of NASDAQ:LICN opened at $2.93 on Thursday. Lichen International has a 12-month low of $2.57 and a 12-month high of $8.28. The business’s fifty day simple moving average is $3.06 and its 200-day simple moving average is $3.55.

About Lichen International

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.