JD Logistics, Inc. (OTCMKTS:JDLGF – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 5,508,250 shares, a growth of 12,243.4% from the May 31st total of 44,625 shares. Based on an average daily trading volume, of 50,877 shares, the short-interest ratio is presently 108.3 days.
JD Logistics Stock Performance
Shares of JDLGF opened at $1.80 on Friday. The company has a 50-day moving average of $1.75 and a two-hundred day moving average of $1.56. JD Logistics has a 12-month low of $0.94 and a 12-month high of $1.95.
JD Logistics Company Profile
JD Logistics is the logistics and supply chain management arm of JD.com, one of China’s largest e-commerce platforms. Established to bring transparency and efficiency to warehousing and delivery, the company was spun off in 2021 to operate as an independent public entity. Headquartered in Beijing, JD Logistics leverages the technology and infrastructure strengths of its parent organization while pursuing its own growth strategies in both domestic and international markets.
The company offers an integrated suite of services that spans warehousing, order fulfillment, last-mile delivery, cold chain logistics and supply chain consulting.
Featured Articles
- Five stocks we like better than JD Logistics
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for JD Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD Logistics and related companies with MarketBeat.com's FREE daily email newsletter.
