Lucas GC Limited (NASDAQ:LGCL) Short Interest Down 88.6% in July

Lucas GC Limited (NASDAQ:LGCLGet Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 260,185 shares, a decrease of 88.6% from the June 30th total of 2,284,068 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 2,710,764 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Lucas GC in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

View Our Latest Analysis on LGCL

Institutional Trading of Lucas GC

An institutional investor recently bought a new position in Lucas GC stock. Boothbay Fund Management LLC bought a new position in shares of Lucas GC Limited (NASDAQ:LGCLFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 27,500 shares of the company’s stock, valued at approximately $29,000.

Lucas GC Trading Down 22.7%

Shares of LGCL traded down $0.40 during trading hours on Friday, reaching $1.36. 4,514,400 shares of the company traded hands, compared to its average volume of 11,163,411. Lucas GC has a 12 month low of $0.65 and a 12 month high of $41.20. The company’s fifty day moving average price is $1.60 and its two-hundred day moving average price is $1.76.

About Lucas GC

(Get Free Report)

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. The company’s platform provides permanent and flexible employment recruitment services; outsourcing services primarily for technology-related projects to design, develop, and deliver the projects within budget and on time with acceptable quality; information technology services to generate sales leads for its corporate customers; and training services comprising career-related certification programs.

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