Short Interest in MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Declines By 20.5%

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 57,000 shares, a decrease of 20.5% from the August 31st total of 71,700 shares. Based on an average daily volume of 214,700 shares, the short-interest ratio is currently 0.3 days. Currently, 1.9% of the company’s stock are short sold.

MingZhu Logistics Trading Up 5.0 %

Shares of NASDAQ YGMZ opened at $1.25 on Friday. The stock has a fifty day moving average price of $1.15 and a 200 day moving average price of $2.27. MingZhu Logistics has a 12-month low of $0.91 and a 12-month high of $7.54.

About MingZhu Logistics

MingZhu Logistics Holdings Limited, through its subsidiaries, provides trucking services in the People's Republic of China. It also provides car-hailing and driver management services, and car owner services. The company serves sizeable third-party logistics companies, freight forwarders, and warehouse operators, as well as other supply chain service providers.