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

Linkage Global Inc. (NASDAQ:LGCB) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 9,326 shares, a growth of 242.5% from the March 31st total of 2,723 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 112,048 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Linkage Global in a research note on Tuesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Linkage Global Price Performance

LGCB traded up $0.01 on Friday, hitting $0.62. The company had a trading volume of 42,027 shares, compared to its average volume of 138,268. The stock has a fifty day simple moving average of $1.44 and a 200-day simple moving average of $1.67. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.08 and a current ratio of 5.08. Linkage Global has a 52-week low of $0.59 and a 52-week high of $3.10.

Linkage Global (NASDAQ:LGCB) last announced its earnings results on Friday, January 30th. The company reported ($0.18) earnings per share (EPS) for the quarter. The firm had revenue of $0.80 million during the quarter.

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.