
Globalink Investment Inc. (NASDAQ:GLLI) Short Interest Up 300.0% in September

Globalink Investment Inc. (NASDAQ:GLLI) experienced a 300% increase in short interest in September, rising from 500 shares to 2,000 shares by September 30th. The short-interest ratio is currently 0.7 days based on an average daily trading volume of 3,000 shares. The stock price remained stable at $15.00, with a market cap of $52.77 million and a P/E ratio of -65.21. The company focuses on mergers and acquisitions in the medical technology and green energy sectors.
Globalink Investment Inc. (NASDAQ:GLLI - Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 2,000 shares, an increase of 300.0% from the September 15th total of 500 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 0.7 days.
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Globalink Investment Price Performance
GLLI stock remained flat at $15.00 during midday trading on Friday. Globalink Investment has a 12 month low of $10.81 and a 12 month high of $15.00. The company has a market cap of $52.77 million, a P/E ratio of -65.21 and a beta of 0.01. The company has a fifty day moving average price of $12.65 and a two-hundred day moving average price of $11.95.
Globalink Investment Company Profile
(Get Free Report)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.
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