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

Linkage Global Inc (NASDAQ:LGCB) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 522,600 shares, an increase of 606.2% from the December 31st total of 74,000 shares. Approximately 7.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,640,000 shares, the days-to-cover ratio is presently 0.1 days.

Linkage Global Price Performance

Shares of NASDAQ:LGCB traded up $0.02 on Tuesday, reaching $0.30. 303,241 shares of the company traded hands, compared to its average volume of 375,620. The company’s 50 day moving average is $0.31 and its 200-day moving average is $1.00. Linkage Global has a fifty-two week low of $0.17 and a fifty-two week high of $5.71.

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.