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

Key Points

• Globalink Investment Inc. experienced a significant increase in short interest of 300.0% in September, rising from 500 shares to 2,000 shares.
• The company's stock price remained flat at $15.00 during midday trading, with a 12-month range of $10.81 to $15.00.
• Globalink Investment focuses on mergers and acquisitions, targeting businesses in the medical technology and green energy sectors across North America and Europe.

Globalink Investment Inc. (NASDAQ:GLLI - ) 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.

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

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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