Smart Logistics Global Limited (NASDAQ:SLGB) Short Interest Up 175.2% in May

Smart Logistics Global Limited (NASDAQ:SLGB) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 13,416 shares, a growth of 175.2% from the May 14th total of 4,875 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 921,815 shares, the short-interest ratio is presently 0.0 days.

Smart Logistics Global Price Performance

NASDAQ:SLGB traded down $0.15 on Friday, reaching $0.76. The company’s stock had a trading volume of 408,747 shares, compared to its average volume of 4,328,681. Smart Logistics Global has a 12-month low of $0.41 and a 12-month high of $6.08. The stock has a 50 day moving average price of $0.67 and a 200 day moving average price of $1.16.

Smart Logistics Global (NASDAQ:SLGB) last posted its earnings results on Thursday, April 30th. The company reported ($0.04) EPS for the quarter. The business had revenue of $21.69 million during the quarter.

Institutional Investors Weigh In On Smart Logistics Global

A hedge fund recently bought a new stake in Smart Logistics Global stock. Geode Capital Management LLC acquired a new stake in Smart Logistics Global Limited (NASDAQ:SLGB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned 0.06% of Smart Logistics Global at the end of the most recent quarter.

About Smart Logistics Global

Smart Logistics Global Limited is a business-to-business contract logistics solution provider. Smart Logistics Global Limited is based in Hong Kong.