Short Interest in Linkage Global Inc. (NASDAQ:LGCB) Expands By 389.1%

Linkage Global Inc. (NASDAQ:LGCB) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 54,153 shares, an increase of 389.1% from the April 30th total of 11,072 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 678,170 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Linkage Global in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Linkage Global Price Performance

NASDAQ:LGCB remained flat at $0.41 during mid-day trading on Thursday. The company’s stock had a trading volume of 4,359,816 shares, compared to its average volume of 440,084. Linkage Global has a fifty-two week low of $0.28 and a fifty-two week high of $3.10. The firm’s 50-day simple moving average is $0.97 and its two-hundred day simple moving average is $1.48. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.08 and a current ratio of 5.08.

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.