Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Up 196.1% in February

Jayud Global Logistics Limited (NASDAQ:JYD) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 23,134 shares, a growth of 196.1% from the February 12th total of 7,812 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 150,389 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 150,389 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.8% of the shares of the stock are short sold.

Institutional Investors Weigh In On Jayud Global Logistics

An institutional investor recently bought a new position in Jayud Global Logistics stock. Citadel Advisors LLC bought a new stake in shares of Jayud Global Logistics Limited (NASDAQ:JYD) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 196,915 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned about 7.21% of Jayud Global Logistics at the end of the most recent quarter. Hedge funds and other institutional investors own 67.92% of the company’s stock.

Jayud Global Logistics Stock Up 6.9%

JYD stock traded up $0.19 during trading on Wednesday, reaching $2.96. 13,046 shares of the company were exchanged, compared to its average volume of 119,656. Jayud Global Logistics has a 52-week low of $2.38 and a 52-week high of $400.00. The stock’s 50 day moving average price is $3.32 and its 200 day moving average price is $4.74.

Analysts Set New Price Targets

JYD has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Jayud Global Logistics in a research report on Wednesday, December 24th. Wall Street Zen raised shares of Jayud Global Logistics to a “hold” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Jayud Global Logistics currently has a consensus rating of “Sell”.

Jayud Global Logistics Company Profile

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.