Lucas GC Limited (NASDAQ:LGCL) Sees Significant Decrease in Short Interest

Lucas GC Limited (NASDAQ:LGCL) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 246,200 shares, a drop of 68.8% from the January 31st total of 788,100 shares. Currently, 2.6% of the company’s shares are short sold. Based on an average daily trading volume, of 976,400 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lucas GC stock. XTX Topco Ltd bought a new position in Lucas GC Limited (NASDAQ:LGCL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 66,004 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned 0.08% of Lucas GC at the end of the most recent reporting period.

Lucas GC Stock Performance

Shares of LGCL traded down $0.02 during midday trading on Friday, hitting $0.53. The stock had a trading volume of 109,915 shares, compared to its average volume of 1,362,724. Lucas GC has a fifty-two week low of $0.47 and a fifty-two week high of $5.00. The business has a 50-day simple moving average of $0.57 and a two-hundred day simple moving average of $0.93.

About Lucas GC

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.