Globalink Investment Inc. (NASDAQ:GLLIR) Sees Large Decrease in Short Interest

Globalink Investment Inc. (NASDAQ:GLLIR) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totalling 65,700 shares, a decline of 13.8% from the July 15th total of 76,200 shares. Based on an average trading volume of 8,600 shares, the days-to-cover ratio is currently 7.6 days.

Globalink Investment Stock Performance

NASDAQ:GLLIR traded up $0.01 during trading hours on Friday, reaching $0.17. The company’s stock had a trading volume of 5,500 shares, compared to its average volume of 15,623. The stock has a 50 day moving average price of $0.17 and a two-hundred day moving average price of $0.13. Globalink Investment has a 12 month low of $0.08 and a 12 month high of $0.50.

Globalink Investment Company Profile

Globalink Investment Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire businesses in the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia excluding China, Hong Kong, and Macau.