MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Short Interest Update

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 11,800 shares, a decline of 52.6% from the November 30th total of 24,900 shares. Based on an average daily trading volume, of 35,300 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold.

MingZhu Logistics Stock Performance

NASDAQ:YGMZ opened at $1.05 on Friday. MingZhu Logistics has a 52 week low of $0.86 and a 52 week high of $6.24. The stock’s 50 day moving average price is $1.19 and its 200 day moving average price is $1.37.

MingZhu Logistics Company Profile

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