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

Linkers Industries Limited (NASDAQ:LNKS) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 89,495 shares, a growth of 1,586.7% from the September 30th total of 5,306 shares. Based on an average trading volume of 14,995,525 shares, the short-interest ratio is currently 0.0 days. Approximately 5.1% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Linkers Industries in a report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Linkers Industries currently has a consensus rating of “Sell”.

Linkers Industries Stock Performance

Shares of LNKS traded down $0.00 during mid-day trading on Tuesday, reaching $0.61. The company’s stock had a trading volume of 28,873 shares, compared to its average volume of 1,765,079. Linkers Industries has a 12-month low of $0.60 and a 12-month high of $420.00. The company has a current ratio of 3.86, a quick ratio of 2.90 and a debt-to-equity ratio of 0.04. The company’s 50 day moving average is $0.93 and its 200 day moving average is $57.02.

Linkers Industries (NASDAQ:LNKS) last posted its earnings results on Thursday, October 8th. The company reported $4.84 EPS for the quarter. The firm had revenue of $1.41 million for the quarter.

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.