Linkage Global Inc. (NASDAQ:LGCB) Sees Large Growth in Short Interest

Linkage Global Inc. (NASDAQ:LGCB) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 5,864 shares, an increase of 83.9% from the December 15th total of 3,189 shares. Based on an average daily volume of 28,358 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 28,358 shares, the short-interest ratio is presently 0.2 days.

Linkage Global Stock Performance

Shares of LGCB traded down $0.03 during trading hours on Friday, hitting $1.65. The stock had a trading volume of 53,855 shares, compared to its average volume of 78,632. Linkage Global has a 1-year low of $1.22 and a 1-year high of $3.70. The firm has a 50 day simple moving average of $1.93 and a 200-day simple moving average of $2.12.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Linkage Global in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Linkage Global currently has a consensus rating of “Sell”.

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.