Globalink Investment Inc. (NASDAQ:GLLI) Shares Sold by Walleye Trading LLC

Walleye Trading LLC cut its position in shares of Globalink Investment Inc. (NASDAQ:GLLI) by 48.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,172 shares of the company’s stock after selling 36,006 shares during the quarter. Walleye Trading LLC’s holdings in Globalink Investment were worth $433,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wolverine Asset Management LLC raised its holdings in Globalink Investment by 1.1% during the second quarter. Wolverine Asset Management LLC now owns 222,619 shares of the company’s stock worth $2,524,000 after purchasing an additional 2,494 shares during the last quarter. Cowen AND Company LLC raised its holdings in shares of Globalink Investment by 85.0% in the second quarter. Cowen AND Company LLC now owns 126,746 shares of the company’s stock worth $1,439,000 after acquiring an additional 58,229 shares during the last quarter. Finally, Clear Street LLC raised its holdings in shares of Globalink Investment by 2,250.8% in the second quarter. Clear Street LLC now owns 19,982 shares of the company’s stock worth $227,000 after acquiring an additional 19,132 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Globalink Investment Price Performance

NASDAQ GLLI opened at $11.44 on Thursday. Globalink Investment Inc. has a fifty-two week low of $10.78 and a fifty-two week high of $12.10. The stock has a market cap of $68.75 million, a price-to-earnings ratio of -49.74 and a beta of 0.01. The business has a fifty day moving average of $11.42 and a 200-day moving average of $11.31.

Globalink Investment Company Profile

Globalink Investment Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire businesses in the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia excluding China, Hong Kong, and Macau.