Short Interest in Linkage Global Inc (NASDAQ:LGCB) Grows By 42.0%

Linkage Global Inc (NASDAQ:LGCB) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 72,400 shares, an increase of 42.0% from the January 31st total of 51,000 shares. Based on an average daily trading volume, of 508,400 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Linkage Global stock. XTX Topco Ltd boosted its position in shares of Linkage Global Inc (NASDAQ:LGCB) by 285.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,117 shares of the company’s stock after purchasing an additional 56,372 shares during the quarter. XTX Topco Ltd owned 0.35% of Linkage Global worth $34,000 as of its most recent SEC filing. 0.31% of the stock is owned by institutional investors and hedge funds.

Linkage Global Price Performance

Shares of NASDAQ:LGCB traded up $0.01 during trading on Monday, hitting $0.26. 28,490 shares of the company’s stock were exchanged, compared to its average volume of 1,123,167. Linkage Global has a 1-year low of $0.17 and a 1-year high of $5.71. The firm has a 50-day moving average price of $0.32 and a two-hundred day moving average price of $0.52. The company has a quick ratio of 2.71, a current ratio of 2.72 and a debt-to-equity ratio of 0.18.

About Linkage Global

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.