Lucas GC Limited (NASDAQ:LGCL) Short Interest Down 29.1% in March

Lucas GC Limited (NASDAQ:LGCL) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 26,242 shares, a decrease of 29.1% from the February 26th total of 37,025 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,458 shares, the days-to-cover ratio is presently 3.1 days.

Institutional Trading of Lucas GC

A hedge fund recently bought a new stake in Lucas GC stock. Boothbay Fund Management LLC acquired a new stake in Lucas GC Limited (NASDAQ:LGCL) during the second quarter, according to its most recent filing with the SEC. The firm acquired 27,500 shares of the company’s stock, valued at approximately $29,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Lucas GC in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Lucas GC Stock Up 3.3%

NASDAQ:LGCL traded up $0.05 during mid-day trading on Friday, reaching $1.58. 11,565 shares of the company were exchanged, compared to its average volume of 6,954. Lucas GC has a 12 month low of $1.15 and a 12 month high of $50.80. The company has a fifty day moving average of $1.83 and a 200 day moving average of $2.81.

Lucas GC Company Profile

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. The company’s platform provides permanent and flexible employment recruitment services; outsourcing services primarily for technology-related projects to design, develop, and deliver the projects within budget and on time with acceptable quality; information technology services to generate sales leads for its corporate customers; and training services comprising career-related certification programs.