Smart Logistics Global Limited (NASDAQ:SLGB) Short Interest Update

Smart Logistics Global Limited (NASDAQ:SLGB) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 805,401 shares, an increase of 386.6% from the August 31st total of 165,508 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average daily trading volume, of 2,955,797 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Smart Logistics Global to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings raised shares of Smart Logistics Global from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Smart Logistics Global has an average rating of “Sell”.

Smart Logistics Global Trading Up 8.1%

Shares of SLGB opened at $0.33 on Friday. Smart Logistics Global has a fifty-two week low of $0.28 and a fifty-two week high of $6.08. The firm has a 50-day simple moving average of $0.50 and a 200-day simple moving average of $0.65.

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.