Short Interest in Linkage Global Inc. (NASDAQ:LGCB) Increases By 389.1%

Linkage Global Inc. (NASDAQ:LGCB) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 54,153 shares, an increase of 389.1% from the April 30th total of 11,072 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 678,170 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Linkage Global in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Linkage Global currently has an average rating of “Sell”.

Linkage Global Price Performance

Linkage Global stock remained flat at $0.41 during midday trading on Friday. The company’s stock had a trading volume of 4,359,816 shares, compared to its average volume of 440,084. Linkage Global has a one year low of $0.28 and a one year high of $3.10. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.08 and a quick ratio of 5.08. The stock’s fifty day moving average is $0.93 and its 200-day moving average is $1.47.

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.