Smart Logistics Global Limited (NASDAQ:SLGB) Short Interest Up 790.8% in June

Smart Logistics Global Limited (NASDAQ:SLGB) was the recipient of a significant 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. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 6,852,968 shares, the short-interest ratio is currently 0.0 days.

Smart Logistics Global Price Performance

Shares of NASDAQ:SLGB opened at $0.56 on Friday. The business’s 50 day moving average is $0.63 and its 200 day moving average is $1.07. Smart Logistics Global has a 52-week low of $0.41 and a 52-week high of $6.08.

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

Institutional Trading of Smart Logistics Global

An institutional investor recently bought a new stake in Smart Logistics Global stock. Geode Capital Management LLC bought a new stake in shares of Smart Logistics Global Limited (NASDAQ:SLGB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 filing with the Securities and Exchange Commission.

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.