Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Update
by Renee Jackson · The Cerbat GemJayud Global Logistics Limited (NASDAQ:JYD – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 44,114 shares, a decrease of 66.0% from the May 31st total of 129,880 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 413,210 shares, the days-to-cover ratio is presently 0.1 days.
Jayud Global Logistics Price Performance
Shares of JYD stock traded down $0.03 during trading on Monday, hitting $0.88. The company had a trading volume of 21,938 shares, compared to its average volume of 354,229. The stock’s 50-day moving average is $2.35 and its two-hundred day moving average is $2.97. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.04. Jayud Global Logistics has a 52 week low of $0.47 and a 52 week high of $12.64.
Jayud Global Logistics (NASDAQ:JYD – Get Free Report) last released its earnings results on Monday, April 20th. The company reported ($1.12) earnings per share for the quarter. The company had revenue of $23.35 million during the quarter.
Institutional Investors Weigh In On Jayud Global Logistics
A hedge fund recently bought a new stake in Jayud Global Logistics stock. Citadel Advisors LLC acquired a new stake in shares of Jayud Global Logistics Limited (NASDAQ:JYD – Free Report) in the third quarter, according to the company in its most recent disclosure with the 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 as of its most recent SEC filing. Hedge funds and other institutional investors own 67.92% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings downgraded shares of Jayud Global Logistics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Get Our Latest Stock Report on JYD
About Jayud Global Logistics
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.