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

Linkage Global Inc (NASDAQ:LGCB) was the recipient of a significant increase in short interest in 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 daily trading volume, of 508,400 shares, the days-to-cover ratio is currently 0.1 days.

Linkage Global Stock Performance

LGCB traded up $0.01 during trading on Monday, reaching $0.26. The company had a trading volume of 28,490 shares, compared to its average volume of 1,123,167. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.71 and a current ratio of 2.72. Linkage Global has a 12 month low of $0.17 and a 12 month high of $5.71. The business’s fifty day moving average price is $0.32 and its 200 day moving average price is $0.52.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Linkage Global stock. XTX Topco Ltd raised 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 SEC. The institutional investor owned 76,117 shares of the company’s stock after buying an additional 56,372 shares during the quarter. XTX Topco Ltd owned about 0.35% of Linkage Global worth $34,000 at the end of the most recent reporting period. 0.31% of the stock is owned by institutional investors.

About Linkage Global

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.