Linkers Industries Limited (NASDAQ:LNKS) Short Interest Update

Linkers Industries Limited (NASDAQ:LNKS) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 19,796 shares, a drop of 33.4% from the November 30th total of 29,706 shares. Based on an average daily trading volume, of 25,435 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 25,435 shares, the short-interest ratio is currently 0.8 days.

Linkers Industries Stock Performance

Linkers Industries stock traded down $0.02 during trading hours on Monday, hitting $0.34. The company had a trading volume of 484,707 shares, compared to its average volume of 669,762. The firm has a 50-day moving average of $0.39 and a 200 day moving average of $0.48. The company has a quick ratio of 3.74, a current ratio of 4.72 and a debt-to-equity ratio of 0.02. Linkers Industries has a one year low of $0.27 and a one year high of $2.70.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Linkers Industries in a report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Linkers Industries Company Profile

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.