Linkage Global Inc. (NASDAQ:LGCB) Short Interest Up 61.8% in March

Linkage Global Inc. (NASDAQ:LGCB) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,723 shares, an increase of 61.8% from the March 15th total of 1,683 shares. Based on an average daily volume of 53,971 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Linkage Global Stock Down 3.3%

Shares of NASDAQ:LGCB traded down $0.05 during midday trading on Wednesday, hitting $1.31. The company’s stock had a trading volume of 10,297 shares, compared to its average volume of 82,653. The company has a current ratio of 5.08, a quick ratio of 5.08 and a debt-to-equity ratio of 0.06. The stock’s 50 day simple moving average is $1.52 and its 200 day simple moving average is $1.72. Linkage Global has a fifty-two week low of $1.24 and a fifty-two week high of $3.10.

Linkage Global (NASDAQ:LGCB) last posted its quarterly earnings data on Friday, January 30th. The company reported ($0.18) earnings per share for the quarter. The company had revenue of $0.80 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Linkage Global in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

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.