Short Interest in Linkage Global Inc (NASDAQ:LGCB) Expands By 308.6%

Linkage Global Inc (NASDAQ:LGCB) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 295,800 shares, an increase of 308.6% from the February 28th total of 72,400 shares. Based on an average daily trading volume, of 612,100 shares, the short-interest ratio is currently 0.5 days. Approximately 1.8% of the shares of the company are short sold.

Institutional Investors Weigh In On Linkage Global

A hedge fund recently raised its stake in Linkage Global stock. XTX Topco Ltd grew its stake in shares of Linkage Global Inc (NASDAQ:LGCB) by 285.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. 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 as of its most recent filing with the Securities and Exchange Commission. 0.31% of the stock is currently owned by institutional investors.

Linkage Global Trading Down 5.9 %

Shares of LGCB stock opened at $0.16 on Friday. Linkage Global has a 1 year low of $0.16 and a 1 year high of $5.71. The stock has a fifty day moving average of $0.24 and a two-hundred day moving average of $0.33. The company has a current ratio of 2.72, a quick ratio of 2.71 and a debt-to-equity ratio of 0.18.

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.