Jayud Global Logistics Limited (NASDAQ:JYD) Sees Significant Increase in Short Interest

Jayud Global Logistics Limited (NASDAQ:JYD) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 23,134 shares, an increase of 196.1% from the February 12th total of 7,812 shares. Based on an average daily volume of 150,389 shares, the short-interest ratio is currently 0.2 days. Approximately 0.8% of the shares of the company are short sold. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 150,389 shares, the short-interest ratio is currently 0.2 days.

Jayud Global Logistics Price Performance

Shares of NASDAQ JYD traded up $0.09 during midday trading on Thursday, reaching $3.05. 13,564 shares of the company traded hands, compared to its average volume of 117,445. The stock has a 50-day moving average price of $3.28 and a 200 day moving average price of $4.72. Jayud Global Logistics has a 52 week low of $2.38 and a 52 week high of $400.00.

Institutional Trading of Jayud Global Logistics

An institutional investor recently bought a new position in Jayud Global Logistics stock. Citadel Advisors LLC acquired a new stake in Jayud Global Logistics Limited (NASDAQ:JYD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 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 reporting period. 67.92% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on JYD shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Jayud Global Logistics in a report on Wednesday, December 24th. Wall Street Zen raised Jayud Global Logistics to a “hold” rating in a report on Saturday, November 15th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Jayud Global Logistics Company Profile

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.