Smart Logistics Global Limited (NASDAQ:SLGB) Shares Shorted: Short Interest Down 82.0% in September

Smart Logistics Global Limited (NASDAQ:SLGB) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 144,605 shares, a decline of 82.0% from the September 15th total of 805,401 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 5,581,761 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

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

Smart Logistics Global Stock Down 4.6%

Shares of Smart Logistics Global stock opened at $0.27 on Friday. Smart Logistics Global has a 1-year low of $0.27 and a 1-year high of $6.08. The firm’s 50-day moving average price is $0.42 and its two-hundred day moving average price is $0.59.

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.