Lucas GC Limited (NASDAQ:LGCL) Sees Significant Decrease in Short Interest

Lucas GC Limited (NASDAQ:LGCL) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 246,200 shares, a drop of 68.8% from the January 31st total of 788,100 shares. Based on an average daily trading volume, of 976,400 shares, the short-interest ratio is currently 0.3 days. Approximately 2.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On Lucas GC

An institutional investor recently bought a new position in Lucas GC stock. Citadel Advisors LLC bought a new stake in shares of Lucas GC Limited (NASDAQ:LGCL) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 100,924 shares of the company’s stock, valued at approximately $61,000. Citadel Advisors LLC owned 0.13% of Lucas GC at the end of the most recent quarter.

Lucas GC Stock Down 4.1 %

Lucas GC stock traded down $0.02 during trading hours on Friday, hitting $0.53. 109,915 shares of the company traded hands, compared to its average volume of 1,362,724. The firm’s 50-day simple moving average is $0.57 and its two-hundred day simple moving average is $0.93. Lucas GC has a 1-year low of $0.47 and a 1-year high of $5.00.

Lucas GC Company Profile

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.