Linkers Industries Limited (NASDAQ:LNKS) Stock Short Interest Report for September

Linkers Industries Limited (NASDAQ:LNKS – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 5,306 shares, a drop of 83.9% from the September 15th total of 33,016 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 13,434 shares, the short-interest ratio is currently 0.4 days.

Linkers Industries Stock Performance

Shares of NASDAQ:LNKS traded up $0.11 during midday trading on Friday, hitting $0.95. 2,513,460 shares of the stock were exchanged, compared to its average volume of 16,812. The business’s 50-day moving average price is $0.97 and its 200 day moving average price is $1.78. Linkers Industries has a 12 month low of $0.76 and a 12 month high of $420.00.

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Linkers Industries (NASDAQ:LNKS – Get Free Report) last issued its quarterly earnings data on Thursday, October 8th. The company reported $4.84 earnings per share (EPS) for the quarter. The business had revenue of $1.41 million during the quarter.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on LNKS. Weiss Ratings reissued a “sell (e+)” rating on shares of Linkers Industries in a research note on Friday, October 2nd. Wall Street Zen raised Linkers Industries from a “strong sell” rating to a “sell” rating in a report on Sunday, June 28th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

Read Our Latest Research Report on LNKS

About Linkers Industries

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Linkers Industries Ltd. is a holding company, which engages in the business of manufacturing, supplying, and selling connectors, assemblies, wire, and cable harnesses. It operates through the following geographical segments: Thailand, Malaysia, Switzerland, the United States of America, and Others. The company was founded on December 8, 2022 and is headquartered in Sungai Petani, Malaysia.

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