Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Up 69.6% in July

Jayud Global Logistics Limited (NASDAQ:JYD) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 49,782 shares, a growth of 69.6% from the July 15th total of 29,350 shares. Based on an average trading volume of 254,528 shares, the short-interest ratio is currently 0.2 days. Approximately 1.5% of the shares of the company are sold short.

Jayud Global Logistics Stock Performance

Shares of NASDAQ JYD traded down $0.03 during trading on Tuesday, hitting $1.02. The company had a trading volume of 300,777 shares, compared to its average volume of 314,410. The stock has a 50 day simple moving average of $0.84 and a 200 day simple moving average of $2.18. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.04. Jayud Global Logistics has a 12 month low of $0.47 and a 12 month high of $9.93.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Jayud Global Logistics in a research report on Friday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Institutional Investors Weigh In On Jayud Global Logistics

An institutional investor recently bought a new stake in Jayud Global Logistics stock. Renaissance Technologies LLC bought a new position in shares of Jayud Global Logistics Limited (NASDAQ:JYD) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 13,400 shares of the company’s stock, valued at approximately $40,000. Renaissance Technologies LLC owned 0.41% of Jayud Global Logistics at the end of the most recent quarter. Institutional investors and hedge funds own 67.92% of the company’s stock.

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.