Linkage Global Inc (NASDAQ:LGCB) Short Interest Up 606.2% in December

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

Linkage Global Stock Performance

Shares of LGCB stock traded up $0.10 during mid-day trading on Tuesday, hitting $0.49. The stock had a trading volume of 546,431 shares, compared to its average volume of 187,226. Linkage Global has a fifty-two week low of $0.17 and a fifty-two week high of $5.71. The company has a quick ratio of 2.13, a current ratio of 2.15 and a debt-to-equity ratio of 0.21. The company’s 50-day simple moving average is $0.29 and its 200-day simple moving average is $1.20.

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.