Jayud Global Logistics Limited (NASDAQ:JYD – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 81,100 shares, an increase of 28.9% from the August 15th total of 62,900 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 30,100 shares, the short-interest ratio is currently 2.7 days.
Jayud Global Logistics Stock Performance
NASDAQ JYD traded up $0.07 during midday trading on Monday, hitting $0.82. The company had a trading volume of 27,866 shares, compared to its average volume of 61,488. The firm has a fifty day simple moving average of $0.68 and a two-hundred day simple moving average of $0.77. Jayud Global Logistics has a fifty-two week low of $0.42 and a fifty-two week high of $3.10.
Institutional Investors Weigh In On Jayud Global Logistics
An institutional investor recently raised its position in Jayud Global Logistics stock. Hohimer Wealth Management LLC raised its position in Jayud Global Logistics Limited (NASDAQ:JYD – Free Report) by 42.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,294 shares of the company’s stock after acquiring an additional 16,000 shares during the period. Hohimer Wealth Management LLC owned about 0.25% of Jayud Global Logistics worth $59,000 as of its most recent SEC filing. 67.92% of the stock is owned by hedge funds and other institutional investors.
Jayud Global Logistics Company Profile
Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. The company offers freight forwarding services, including integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. It also offers supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.
Further Reading
- Five stocks we like better than Jayud Global Logistics
- What Are Dividend Champions? How to Invest in the Champions
- Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
- Investing In Preferred Stock vs. Common Stock
- Roblox’s Growth Beyond Kids: Stock Set for Major Moves
- What Investors Need to Know About Upcoming IPOs
- 5 Oversold Stocks to Buy Right Now
Receive News & Ratings for Jayud Global Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jayud Global Logistics and related companies with MarketBeat.com's FREE daily email newsletter.
