Smart Logistics Global Limited (NASDAQ:SLGB) Sees Large Decrease in Short Interest

Smart Logistics Global Limited (NASDAQ:SLGB) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 5,227 shares, a decline of 93.0% from the April 15th total of 74,284 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 74,485 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Smart Logistics Global

An institutional investor recently bought a new position in Smart Logistics Global stock. Geode Capital Management LLC bought a new position in Smart Logistics Global Limited (NASDAQ:SLGB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned approximately 0.06% of Smart Logistics Global as of its most recent filing with the Securities & Exchange Commission.

Smart Logistics Global Stock Performance

Shares of SLGB stock traded up $0.02 on Monday, hitting $0.57. The stock had a trading volume of 67,533 shares, compared to its average volume of 2,287,182. The business has a 50 day moving average of $0.90 and a 200 day moving average of $1.51. Smart Logistics Global has a 12-month low of $0.50 and a 12-month high of $6.08.

Smart Logistics Global (NASDAQ:SLGB) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $21.69 million for the quarter.

Smart Logistics Global Company Profile

Smart Logistics Global Limited is a business-to-business contract logistics solution provider. Smart Logistics Global Limited is based in Hong Kong.