Lion Group (NASDAQ:LGHL) Stock Price Up 1.5%

Lion Group Holding Ltd. (NASDAQ:LGHLGet Free Report) shot up 1.5% during mid-day trading on Thursday . The stock traded as high as $1.01 and last traded at $1.00. 30,993 shares traded hands during trading, a decline of 30% from the average session volume of 44,033 shares. The stock had previously closed at $0.99.

Lion Group Stock Performance

The company has a 50 day moving average of $1.11 and a 200-day moving average of $1.70.

Institutional Investors Weigh In On Lion Group

Several large investors have recently added to or reduced their stakes in LGHL. Virtu Financial LLC lifted its stake in Lion Group by 135.1% during the fourth quarter. Virtu Financial LLC now owns 77,710 shares of the company’s stock worth $56,000 after purchasing an additional 44,654 shares during the last quarter. HRT Financial LP bought a new stake in Lion Group during the fourth quarter worth about $31,000. Finally, JPMorgan Chase & Co. lifted its stake in Lion Group by 56.0% during the first quarter. JPMorgan Chase & Co. now owns 200,370 shares of the company’s stock worth $319,000 after purchasing an additional 71,954 shares during the last quarter.

Lion Group Company Profile

(Get Free Report)

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors. Its trading platform offers a range of products and services comprising contracts for difference trading, insurance brokerage, futures and securities brokerage, total return swap trading, and asset management services.

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