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

Linkage Global Inc (NASDAQ:LGCB) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 295,800 shares, a growth 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 presently 0.5 days. Approximately 1.8% of the company’s stock are short sold.

Linkage Global Price Performance

LGCB opened at $0.16 on Friday. Linkage Global has a twelve month low of $0.16 and a twelve month high of $5.71. The company has a quick ratio of 2.71, a current ratio of 2.72 and a debt-to-equity ratio of 0.18. The company has a fifty day simple moving average of $0.24 and a 200 day simple moving average of $0.33.

Institutional Trading of Linkage Global

A hedge fund recently raised its stake in Linkage Global stock. XTX Topco Ltd raised its position in shares of Linkage Global Inc (NASDAQ:LGCB) by 285.5% during the 4th quarter, according to its most recent disclosure with the Securities & 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 at the end of the most recent quarter. Institutional investors own 0.31% of the company’s stock.

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.