Short Interest in Lucas GC Limited (NASDAQ:LGCL) Drops By 50.1%

Lucas GC Limited (NASDAQ:LGCL) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 39,300 shares, a decline of 50.1% from the December 31st total of 78,700 shares. Based on an average daily trading volume, of 225,100 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the shares of the company are short sold.

Lucas GC Stock Performance

NASDAQ LGCL traded down $0.09 during trading hours on Thursday, reaching $0.69. The company’s stock had a trading volume of 1,577,565 shares, compared to its average volume of 2,506,550. Lucas GC has a 1-year low of $0.47 and a 1-year high of $5.00. The company’s 50-day moving average is $0.62 and its two-hundred day moving average is $1.18.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lucas GC stock. XTX Topco Ltd acquired a new position in shares of Lucas GC Limited (NASDAQ:LGCL) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,160 shares of the company’s stock, valued at approximately $53,000.

Lucas GC Company Profile

Lucas GC Limited, through its subsidiaries, provides online agent-centric human capital management services based on platform-as-a-service (PaaS) in the People’s Republic of China. Its Star Career and Columbus platforms enables registered users to receive customized job recommendations and work as talent scouts to source suitable candidates for its corporate customers through their social network, as well as receive trainings and other value-added services.