Smart Logistics Global Limited (NASDAQ:SLGB) Sees Significant Increase in Short Interest

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

Smart Logistics Global Trading Down 16.5%

Shares of Smart Logistics Global stock traded down $0.15 on Friday, reaching $0.76. 408,747 shares of the stock were exchanged, compared to its average volume of 2,596,150. Smart Logistics Global has a 1-year low of $0.41 and a 1-year high of $6.08. The business has a fifty day moving average price of $0.67 and a two-hundred day moving average price of $1.16.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Smart Logistics Global stock. Geode Capital Management LLC bought a new position in shares of Smart Logistics Global Limited (NASDAQ:SLGB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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.

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.