JD Logistics, Inc. (OTCMKTS:JDLGF) Short Interest Update

JD Logistics, Inc. (OTCMKTS:JDLGF) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 44,625 shares, a drop of 99.3% from the May 14th total of 6,032,900 shares. Based on an average daily trading volume, of 1,828 shares, the days-to-cover ratio is presently 24.4 days.

JD Logistics Stock Performance

Shares of OTCMKTS JDLGF remained flat at $1.80 during mid-day trading on Thursday. The firm’s 50-day simple moving average is $1.73 and its 200 day simple moving average is $1.54. JD Logistics has a 12-month low of $0.94 and a 12-month high of $1.95.

JD Logistics Company Profile

JD Logistics is the logistics and supply chain management arm of JD.com, one of China’s largest e-commerce platforms. Established to bring transparency and efficiency to warehousing and delivery, the company was spun off in 2021 to operate as an independent public entity. Headquartered in Beijing, JD Logistics leverages the technology and infrastructure strengths of its parent organization while pursuing its own growth strategies in both domestic and international markets.

The company offers an integrated suite of services that spans warehousing, order fulfillment, last-mile delivery, cold chain logistics and supply chain consulting.