Smart Logistics Global Limited (NASDAQ:SLGB) Short Interest Update

Smart Logistics Global Limited (NASDAQ:SLGB) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 119,507 shares, a growth of 790.8% from the May 31st total of 13,416 shares. Based on an average daily trading volume, of 6,852,968 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.3% of the company’s stock are short sold.

Smart Logistics Global Stock Performance

SLGB stock opened at $0.54 on Friday. Smart Logistics Global has a 1-year low of $0.41 and a 1-year high of $6.08. The business has a 50-day moving average price of $0.64 and a 200 day moving average price of $1.08.

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

Hedge Funds Weigh In On Smart Logistics Global

A hedge fund recently bought a new position in Smart Logistics Global stock. Geode Capital Management LLC bought a new position in shares of Smart Logistics Global Limited (NASDAQ:SLGB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned 0.06% of Smart Logistics Global as of its most recent SEC filing.

About Smart Logistics Global

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