Yangtze River Port and Logistics Ltd (YRIV) Short Interest Update
Yangtze River Port and Logistics Ltd (NASDAQ:YRIV) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 874,879 shares, a growth of 46.3% from the February 15th total of 597,960 shares. Approximately 6.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,869,006 shares, the days-to-cover ratio is presently 0.2 days.
NASDAQ:YRIV opened at $0.62 on Thursday. Yangtze River Port and Logistics has a 1 year low of $0.30 and a 1 year high of $13.55.
In related news, Director James S. Coleman sold 69,795 shares of the firm’s stock in a transaction on Friday, February 1st. The shares were sold at an average price of $1.95, for a total value of $136,100.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James S. Coleman sold 409,849 shares of the firm’s stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $0.37, for a total transaction of $151,644.13. The disclosure for this sale can be found here. Insiders sold a total of 1,750,000 shares of company stock worth $1,555,411 over the last quarter. 55.28% of the stock is currently owned by company insiders.
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About Yangtze River Port and Logistics
Yangtze River Port and Logistics Limited, through its subsidiary, Wuhan Yangtze River Newport Logistics Co, Ltd., primarily engages in the real estate and infrastructural development business in the People's Republic of China. It operates Wuhan Yangtze River Newport Logistics Center, a port logistics center located in Wuhan Newport Yangluo Port, Hubei province of China.
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