Linkage Global Inc (NASDAQ:LGCB) Short Interest Update

Linkage Global Inc (NASDAQ:LGCB) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 72,400 shares, a growth of 42.0% from the January 31st total of 51,000 shares. Based on an average daily volume of 508,400 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the shares of the stock are sold short.

Linkage Global Stock Down 3.2 %

Shares of Linkage Global stock traded down $0.01 during mid-day trading on Tuesday, reaching $0.26. 92,085 shares of the stock were exchanged, compared to its average volume of 1,123,383. The company has a current ratio of 2.72, a quick ratio of 2.71 and a debt-to-equity ratio of 0.18. Linkage Global has a fifty-two week low of $0.17 and a fifty-two week high of $5.71. The firm has a 50-day simple moving average of $0.32 and a 200 day simple moving average of $0.51.

Institutional Investors Weigh In On Linkage Global

An institutional investor recently raised its position in Linkage Global stock. XTX Topco Ltd raised its stake in Linkage Global Inc (NASDAQ:LGCB) by 285.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,117 shares of the company’s stock after acquiring an additional 56,372 shares during the quarter. XTX Topco Ltd owned about 0.35% of Linkage Global worth $34,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.31% of the company’s stock.

Linkage Global Company Profile

Linkage Global Inc, through its subsidiaries, operates as a cross-border e-commerce integrated services provider in Japan, Hong Kong, and Mainland China. It provides cross-border product sales; digital marketing services; and e-commerce operation training and software support services. Linkage Global Inc was founded in 2011 and is headquartered in Tokyo, Japan.