Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Down 15.0% in February

Jayud Global Logistics Limited (NASDAQ:JYD) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 7,812 shares, a decrease of 15.0% from the January 29th total of 9,187 shares. Based on an average trading volume of 170,740 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 170,740 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on JYD shares. Wall Street Zen upgraded shares of Jayud Global Logistics to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Jayud Global Logistics in a research report on Wednesday, December 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Jayud Global Logistics stock. Citadel Advisors LLC purchased a new stake in Jayud Global Logistics Limited (NASDAQ:JYD) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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. Institutional investors own 67.92% of the company’s stock.

Jayud Global Logistics Trading Up 3.9%

Shares of NASDAQ JYD traded up $0.11 during trading hours on Thursday, hitting $2.80. The company had a trading volume of 10,546 shares, compared to its average volume of 129,659. Jayud Global Logistics has a 1-year low of $2.38 and a 1-year high of $400.00. The firm’s 50 day moving average is $3.46 and its 200-day moving average is $4.95.

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.