Short Interest in Linkage Global Inc (NASDAQ:LGCB) Increases By 308.6%

Linkage Global Inc (NASDAQ:LGCB) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 295,800 shares, an increase of 308.6% from the February 28th total of 72,400 shares. Based on an average daily trading volume, of 612,100 shares, the short-interest ratio is currently 0.5 days. Approximately 1.8% of the company’s stock are sold short.

Institutional Trading of Linkage Global

An institutional investor recently raised its position in Linkage Global stock. XTX Topco Ltd lifted its holdings in shares of Linkage Global Inc (NASDAQ:LGCB) by 285.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,117 shares of the company’s stock after buying an additional 56,372 shares during the period. XTX Topco Ltd owned approximately 0.35% of Linkage Global worth $34,000 at the end of the most recent reporting period. 0.31% of the stock is currently owned by institutional investors and hedge funds.

Linkage Global Stock Down 5.9 %

Shares of LGCB traded down $0.01 on Friday, hitting $0.16. 52,926 shares of the stock traded hands, compared to its average volume of 1,161,417. Linkage Global has a one year low of $0.16 and a one year high of $5.71. The business has a 50 day simple moving average of $0.24 and a 200 day simple moving average of $0.34. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.72 and a quick ratio of 2.71.

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.