Jayud Global Logistics Limited (NASDAQ:JYD) Sees Large Decline in Short Interest

Jayud Global Logistics Limited (NASDAQ:JYDGet Free Report) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 75,200 shares, a decrease of 38.9% from the February 13th total of 123,100 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 2,010,000 shares, the short-interest ratio is presently 0.0 days.

Jayud Global Logistics Trading Up 0.8 %

Shares of NASDAQ JYD traded up $0.03 during mid-day trading on Friday, hitting $3.67. 5,349 shares of the company traded hands, compared to its average volume of 620,850. Jayud Global Logistics has a 1 year low of $0.42 and a 1 year high of $5.01. The business has a 50 day moving average of $3.51 and a two-hundred day moving average of $2.02.

Institutional Investors Weigh In On Jayud Global Logistics

Several hedge funds have recently bought and sold shares of the business. Cubist Systematic Strategies LLC purchased a new stake in Jayud Global Logistics in the 4th quarter worth about $34,000. Citadel Advisors LLC purchased a new stake in Jayud Global Logistics in the 4th quarter worth about $145,000. Barclays PLC purchased a new stake in Jayud Global Logistics in the 4th quarter worth about $35,000. Renaissance Technologies LLC acquired a new position in Jayud Global Logistics in the 4th quarter worth about $993,000. Finally, Geode Capital Management LLC acquired a new position in Jayud Global Logistics in the 4th quarter worth about $63,000. 67.92% of the stock is owned by hedge funds and other institutional investors.

About Jayud Global Logistics

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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

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