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

Linkage Global Inc. (NASDAQ:LGCB) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 1,383 shares, a drop of 93.0% from the January 29th total of 19,749 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 47,425 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 47,425 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Linkage Global in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Linkage Global Stock Up 4.7%

Shares of LGCB traded up $0.08 during trading hours on Friday, hitting $1.77. 18,492 shares of the company were exchanged, compared to its average volume of 37,093. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.08 and a current ratio of 5.08. The firm’s 50 day moving average is $1.65 and its 200-day moving average is $1.91. Linkage Global has a 52 week low of $1.22 and a 52 week high of $3.10.

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

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.