Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Down 57.8% in July

Jayud Global Logistics Limited (NASDAQ:JYD) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 29,350 shares, a decrease of 57.8% from the June 30th total of 69,556 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 64,295 shares, the days-to-cover ratio is presently 0.5 days.

Jayud Global Logistics Trading Down 3.4%

Shares of JYD stock traded down $0.04 during trading hours on Wednesday, reaching $0.98. The stock had a trading volume of 11,983 shares, compared to its average volume of 329,032. The firm has a 50-day simple moving average of $0.80 and a 200-day simple moving average of $2.47. Jayud Global Logistics has a twelve month low of $0.47 and a twelve month high of $10.89. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.04.

Institutional Investors Weigh In On Jayud Global Logistics

A hedge fund recently bought a new position in Jayud Global Logistics stock. Citadel Advisors LLC acquired a new position in shares of Jayud Global Logistics Limited (NASDAQ:JYD) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 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.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Jayud Global Logistics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

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.