Smart Logistics Global Limited (NASDAQ:SLGB) Stock Short Interest Report for September

Smart Logistics Global Limited (NASDAQ:SLGB) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 144,605 shares, a decline of 82.0% from the September 15th total of 805,401 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 5,581,761 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

SLGB has been the subject of several research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Smart Logistics Global in a research report on Friday. Wall Street Zen raised Smart Logistics Global to a “hold” rating in a research note on Saturday, August 15th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has an average rating of “Sell”.

Smart Logistics Global Stock Performance

SLGB stock traded down $0.00 during midday trading on Monday, reaching $0.27. 127,899 shares of the company’s stock traded hands, compared to its average volume of 3,855,562. The firm’s fifty day moving average price is $0.42 and its 200-day moving average price is $0.59. Smart Logistics Global has a 52 week low of $0.27 and a 52 week high of $6.08.

Smart Logistics Global Company Profile

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