Linkers Industries Limited (NASDAQ:LNKS) Short Interest Update

Linkers Industries Limited (NASDAQ:LNKS) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 129,927 shares, a decrease of 19.4% from the February 12th total of 161,100 shares. Based on an average trading volume of 85,518 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.0% of the company’s shares are sold short. Approximately 1.0% of the company’s shares are sold short. Based on an average trading volume of 85,518 shares, the days-to-cover ratio is presently 1.5 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Linkers Industries in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Linkers Industries Trading Down 49.1%

Shares of NASDAQ:LNKS traded down $0.51 during trading on Tuesday, reaching $0.53. 498,842 shares of the stock were exchanged, compared to its average volume of 406,108. 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 12-month low of $0.27 and a 12-month high of $1.68. The firm’s 50-day moving average price is $0.88 and its 200 day moving average price is $0.59.

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.