Lucas GC Limited (NASDAQ:LGCL) Short Interest Down 24.5% in November

Lucas GC Limited (NASDAQ:LGCL) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 97,800 shares, a drop of 24.5% from the October 31st total of 129,500 shares. Based on an average trading volume of 351,300 shares, the short-interest ratio is currently 0.3 days. Approximately 1.0% of the company’s shares are short sold.

Lucas GC Price Performance

Lucas GC stock opened at $0.66 on Friday. The company’s 50 day simple moving average is $1.11 and its 200-day simple moving average is $1.77. Lucas GC has a 1 year low of $0.64 and a 1 year high of $5.00.

Institutional Trading of Lucas GC

A hedge fund recently bought a new stake in Lucas GC stock. XTX Topco Ltd acquired a new stake in Lucas GC Limited (NASDAQ:LGCL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 25,160 shares of the company’s stock, valued at approximately $53,000.

About Lucas GC

Lucas GC Limited, through its subsidiaries, provides online agent-centric human capital management services based on platform-as-a-service (PaaS) in the People’s Republic of China. Its Star Career and Columbus platforms enables registered users to receive customized job recommendations and work as talent scouts to source suitable candidates for its corporate customers through their social network, as well as receive trainings and other value-added services.