Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Update

Jayud Global Logistics Limited (NASDAQ:JYD) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 49,782 shares, a growth of 69.6% from the July 15th total of 29,350 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average trading volume of 254,528 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Jayud Global Logistics

A hedge fund recently bought a new stake in Jayud Global Logistics stock. Citadel Advisors LLC purchased a new position in Jayud Global Logistics Limited (NASDAQ:JYD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 196,915 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned approximately 7.21% of Jayud Global Logistics at the end of the most recent quarter. 67.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Jayud Global Logistics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Jayud Global Logistics Stock Up 5.0%

Shares of JYD traded up $0.05 during trading hours on Monday, hitting $1.05. 446,418 shares of the stock were exchanged, compared to its average volume of 314,395. The stock’s 50-day moving average price is $0.83 and its two-hundred day moving average price is $2.19. Jayud Global Logistics has a 12-month low of $0.47 and a 12-month high of $9.93. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.04.

About Jayud Global Logistics

Jayud Global Logistics Co, Ltd. is a China-based integrated supply chain service provider that offers a broad range of logistics solutions to multinational and domestic customers. The company’s core business encompasses international freight forwarding by sea, air, rail and road, as well as customs brokerage, warehousing, distribution and value-added services. Jayud Global Logistics leverages its vertically integrated network to deliver end-to-end visibility and control across the shipping process, aiming to streamline operations and reduce transit times for shippers in diverse industries.

In the area of freight forwarding, Jayud Global Logistics manages shipments of general and specialized cargo, including temperature-sensitive products, hazardous materials and oversized equipment.