Jayud Global Logistics Limited (NASDAQ:JYD - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 170,000 shares, a decrease of 20.3% from the January 15th total of 213,200 shares. Based on an average daily volume of 2,230,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.7% of the shares of the company are sold short.
Jayud Global Logistics Stock Performance
NASDAQ JYD traded up $0.18 during midday trading on Wednesday, hitting $4.20. The company had a trading volume of 24,981 shares, compared to its average volume of 2,448,768. The firm has a fifty day simple moving average of $3.04 and a two-hundred day simple moving average of $1.64. Jayud Global Logistics has a fifty-two week low of $0.42 and a fifty-two week high of $5.01.
Hedge Funds Weigh In On Jayud Global Logistics
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC acquired a new position in shares of Jayud Global Logistics in the 4th quarter valued at $34,000. Barclays PLC bought a new position in shares of Jayud Global Logistics in the fourth quarter worth about $35,000. Geode Capital Management LLC acquired a new position in Jayud Global Logistics during the 4th quarter worth $63,000. Citadel Advisors LLC acquired a new position in shares of Jayud Global Logistics during the fourth quarter valued at $145,000. Finally, Renaissance Technologies LLC bought a new position in shares of Jayud Global Logistics in the 4th quarter valued at about $993,000. 67.92% of the stock is currently owned by institutional investors.
About Jayud Global Logistics
(
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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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