Jayud Global Logistics Limited (NASDAQ:JYD) Sees Large Drop in Short Interest

Jayud Global Logistics Limited (NASDAQ:JYD) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 16,463 shares, a decrease of 22.6% from the November 30th total of 21,275 shares. Based on an average daily trading volume, of 47,591 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 47,591 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Jayud Global Logistics

A hedge fund recently bought a new stake in Jayud Global Logistics stock. Citadel Advisors LLC purchased a new stake in shares of Jayud Global Logistics Limited (NASDAQ:JYD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 196,915 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned 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.

Analyst Ratings Changes

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

Jayud Global Logistics Trading Down 0.2%

Jayud Global Logistics stock traded down $0.01 during midday trading on Wednesday, reaching $4.99. The stock had a trading volume of 23,258 shares, compared to its average volume of 28,322. Jayud Global Logistics has a twelve month low of $2.71 and a twelve month high of $400.00. The firm’s fifty day simple moving average is $3.99 and its two-hundred day simple moving average is $7.00.

About Jayud Global Logistics

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.