Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Up 1,176.8% in June

Jayud Global Logistics Limited (NASDAQ:JYD) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 104,700 shares, an increase of 1,176.8% from the May 31st total of 8,200 shares. Based on an average daily trading volume, of 84,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.6% of the company’s shares are short sold.

Jayud Global Logistics Trading Up 5.4 %

Shares of NASDAQ:JYD opened at $0.59 on Friday. Jayud Global Logistics has a one year low of $0.42 and a one year high of $4.19. The company has a 50 day moving average of $0.73 and a 200-day moving average of $1.02.

Institutional Investors Weigh In On Jayud Global Logistics

An institutional investor recently raised its position in Jayud Global Logistics stock. Hohimer Wealth Management LLC lifted its holdings in shares of Jayud Global Logistics Limited (NASDAQ:JYD) by 42.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,294 shares of the company’s stock after buying an additional 16,000 shares during the quarter. Hohimer Wealth Management LLC owned about 0.25% of Jayud Global Logistics worth $59,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 67.92% of the company’s stock.

Jayud Global Logistics Company Profile

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. It offers freight forwarding services, including integrated cross-border logistics and fragmented logistics services; supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.