Globalink Investment Inc. (NASDAQ:GLLIR – Get Rating) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 54,300 shares, an increase of 39.6% from the November 30th total of 38,900 shares. Based on an average trading volume of 23,500 shares, the days-to-cover ratio is presently 2.3 days.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Basso Capital Management L.P. purchased a new position in shares of Globalink Investment during the first quarter worth $25,000. Rivernorth Capital Management LLC purchased a new stake in Globalink Investment in the first quarter valued at $34,000. Polar Asset Management Partners Inc. grew its position in Globalink Investment by 56.8% during the 1st quarter. Polar Asset Management Partners Inc. now owns 690,000 shares of the company's stock worth $114,000 after purchasing an additional 250,000 shares during the period. Finally, Parkwood LLC purchased a new position in shares of Globalink Investment during the 2nd quarter valued at about $231,000.
Get Globalink Investment alerts:Globalink Investment Stock Down 32.8 %
NASDAQ GLLIR opened at $0.05 on Monday. Globalink Investment has a 12-month low of $0.01 and a 12-month high of $0.31. The company has a fifty day simple moving average of $0.09 and a two-hundred day simple moving average of $0.13.
Further Reading
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