Linkers Industries Limited (NASDAQ:LNKS) Stock Short Interest Report for September

Linkers Industries Limited (NASDAQ:LNKS – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 5,306 shares, a decrease of 83.9% from the September 15th total of 33,016 shares. Based on an average daily trading volume, of 13,434 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

Linkers Industries Price Performance

Linkers Industries stock traded up $0.11 during mid-day trading on Friday, reaching $0.95. 2,513,460 shares of the company were exchanged, compared to its average volume of 16,812. The company has a fifty day simple moving average of $0.97 and a 200-day simple moving average of $1.78. Linkers Industries has a 12 month low of $0.76 and a 12 month high of $420.00.

Linkers Industries (NASDAQ:LNKS – Get Free Report) last released its earnings results on Thursday, October 8th. The company reported $4.84 earnings per share for the quarter. The company had revenue of $1.41 million for the quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Linkers Industries from a “strong sell” rating to a “sell” rating in a research report on Sunday, June 28th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Linkers Industries in a research report on Friday, October 2nd. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on Linkers Industries

About Linkers Industries

(Get Free Report)

Linkers Industries Ltd. is a holding company, which engages in the business of manufacturing, supplying, and selling connectors, assemblies, wire, and cable harnesses. It operates through the following geographical segments: Thailand, Malaysia, Switzerland, the United States of America, and Others. The company was founded on December 8, 2022 and is headquartered in Sungai Petani, Malaysia.

Further Reading

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