Globalink Investment Inc. (NASDAQ:GLLI – Get Rating) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 64,300 shares, a growth of 4,846.2% from the August 31st total of 1,300 shares. Based on an average daily volume of 34,400 shares, the short-interest ratio is currently 1.9 days. Currently, 0.5% of the shares of the company are sold short.

Globalink Investment Stock Performance

GLLI stock opened at $9.96 on Thursday. The firm has a 50 day moving average of $9.97 and a 200 day moving average of $9.94. Globalink Investment has a 52 week low of $9.77 and a 52 week high of $10.00.

Institutional Trading of Globalink Investment

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new position in Globalink Investment during the 2nd quarter worth approximately $126,000. Bulldog Investors LLP purchased a new position in Globalink Investment during the 2nd quarter worth approximately $209,000. Granby Capital Management LLC purchased a new position in Globalink Investment during the 1st quarter worth approximately $248,000. Walleye Trading LLC purchased a new position in Globalink Investment during the 1st quarter worth approximately $357,000. Finally, Karpus Management Inc. purchased a new position in Globalink Investment during the 2nd quarter worth approximately $508,000.

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 business in the technology industry within the e-commerce and payments sectors in North America, Europe, South East Asia, and Asia excluding China, Hong Kong, and Macau.

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