Jayud Global Logistics Limited (NASDAQ:JYD - Get Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 75,200 shares, a decline of 38.9% from the February 13th total of 123,100 shares. Approximately 0.3% of the company's shares are short sold. Based on an average daily trading volume, of 2,010,000 shares, the days-to-cover ratio is presently 0.0 days.
Jayud Global Logistics Price Performance
JYD traded up $0.14 during trading on Wednesday, hitting $4.02. The company's stock had a trading volume of 24,579 shares, compared to its average volume of 616,048. Jayud Global Logistics has a twelve month low of $0.42 and a twelve month high of $5.01. The stock's fifty day moving average price is $3.57 and its 200-day moving average price is $2.08.
Hedge Funds Weigh In On Jayud Global Logistics
Several institutional investors have recently added to or reduced their stakes in JYD. Renaissance Technologies LLC acquired a new position in shares of Jayud Global Logistics during the fourth quarter worth approximately $993,000. Citadel Advisors LLC bought a new position in Jayud Global Logistics in the 4th quarter valued at $145,000. Geode Capital Management LLC bought a new position in Jayud Global Logistics in the 4th quarter valued at $63,000. Barclays PLC bought a new position in Jayud Global Logistics in the 4th quarter valued at $35,000. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Jayud Global Logistics during the 4th quarter valued at $34,000. 67.92% of the stock is owned by institutional investors and hedge funds.
Jayud Global Logistics Company Profile
(
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Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. The company offers freight forwarding services, including integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. It also offers supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.
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