Lucas GC Limited (NASDAQ:LGCL) Short Interest Down 42.2% in March

Lucas GC Limited (NASDAQ:LGCL) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 186,800 shares, a decrease of 42.2% from the February 28th total of 323,200 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average daily trading volume, of 895,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Lucas GC

An institutional investor recently bought a new position in Lucas GC stock. XTX Topco Ltd bought a new stake in shares of Lucas GC Limited (NASDAQ:LGCL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 66,004 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned approximately 0.08% of Lucas GC at the end of the most recent reporting period.

Lucas GC Price Performance

LGCL traded down $0.05 during midday trading on Friday, hitting $0.47. 84,708 shares of the company’s stock traded hands, compared to its average volume of 582,560. Lucas GC has a one year low of $0.47 and a one year high of $3.76. The stock’s fifty day simple moving average is $0.56 and its 200-day simple moving average is $0.79.

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.