Short Interest in Linkage Global Inc (NASDAQ:LGCB) Rises By 42.0%

Linkage Global Inc (NASDAQ:LGCB) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 72,400 shares, an increase of 42.0% from the January 31st total of 51,000 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 508,400 shares, the short-interest ratio is currently 0.1 days.

Linkage Global Price Performance

NASDAQ:LGCB traded up $0.00 on Wednesday, reaching $0.26. 14,819 shares of the stock traded hands, compared to its average volume of 1,118,950. The company’s fifty day simple moving average is $0.32 and its 200 day simple moving average is $0.51. Linkage Global has a 12 month low of $0.17 and a 12 month high of $5.71. The company has a quick ratio of 2.71, a current ratio of 2.72 and a debt-to-equity ratio of 0.18.

Hedge Funds Weigh In On Linkage Global

A hedge fund recently raised its stake in Linkage Global stock. XTX Topco Ltd lifted its stake in Linkage Global Inc (NASDAQ:LGCB) by 285.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,117 shares of the company’s stock after purchasing an additional 56,372 shares during the period. XTX Topco Ltd owned about 0.35% of Linkage Global worth $34,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.