Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Up 1,176.8% in June

Jayud Global Logistics Limited (NASDAQ:JYD) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 104,700 shares, a growth of 1,176.8% from the May 31st total of 8,200 shares. Based on an average daily trading volume, of 84,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.6% of the company’s stock are sold short.

Institutional Trading of Jayud Global Logistics

A hedge fund recently raised its stake in Jayud Global Logistics stock. Hohimer Wealth Management LLC raised its position in Jayud Global Logistics Limited (NASDAQ:JYD) by 42.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,294 shares of the company’s stock after acquiring an additional 16,000 shares during the quarter. Hohimer Wealth Management LLC owned approximately 0.25% of Jayud Global Logistics worth $59,000 at the end of the most recent quarter. 67.92% of the stock is currently owned by hedge funds and other institutional investors.

Jayud Global Logistics Trading Up 0.4 %

Shares of JYD stock traded up $0.00 during trading hours on Thursday, hitting $0.56. 8,797 shares of the company were exchanged, compared to its average volume of 74,661. The firm has a fifty day simple moving average of $0.75 and a 200 day simple moving average of $1.04. Jayud Global Logistics has a 52-week low of $0.42 and a 52-week high of $4.19.

Jayud Global Logistics Company Profile

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. It offers freight forwarding services, including integrated cross-border logistics and fragmented logistics services; supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.