Yueda Digital Holding (NASDAQ:YDKG) Short Interest Update

by · The Markets Daily

Yueda Digital Holding (NASDAQ:YDKG – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 94,768 shares, a decline of 44.7% from the July 15th total of 171,518 shares. Based on an average daily volume of 30,628 shares, the short-interest ratio is currently 3.1 days. Approximately 1.8% of the company’s stock are short sold.

Yueda Digital Stock Up 0.9%

Shares of YDKG opened at $1.08 on Tuesday. The firm’s 50 day moving average price is $0.96 and its 200 day moving average price is $0.92. Yueda Digital has a twelve month low of $0.73 and a twelve month high of $669.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Yueda Digital from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, June 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Yueda Digital

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Yueda Digital stock. Virtu Financial LLC purchased a new stake in Yueda Digital Holding (NASDAQ:YDKG – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 12,619 shares of the company’s stock, valued at approximately $44,000. 1.02% of the stock is currently owned by institutional investors.

Yueda Digital Company Profile

(Get Free Report)

AirMedia Group Inc operates out-of-home advertising platforms primarily in the People’s Republic of China. The company operates a network of digital TV screens on planes operated by five airlines; and gas station media network, as well as other outdoor media advertising platforms in gas stations. It also displays non-advertising content, such as weather, sports, and comedy clips; and television programs, including documentaries and hidden camera type reality shows from other third-party content providers.

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