Short Interest in MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Declines By 75.4%

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 2,900 shares, a decrease of 75.4% from the December 31st total of 11,800 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 51,100 shares, the days-to-cover ratio is currently 0.1 days.

MingZhu Logistics Stock Up 2.1 %

Shares of YGMZ stock opened at $0.84 on Thursday. MingZhu Logistics has a 52 week low of $0.68 and a 52 week high of $6.24. The firm’s 50-day simple moving average is $0.98 and its two-hundred day simple moving average is $1.14.

MingZhu Logistics Company Profile

MingZhu Logistics Holdings Limited, through its subsidiaries, provides trucking services in the People’s Republic of China. The company also provides car-hailing and driver management services, and car owner services. It serves sizeable third-party logistics companies, freight forwarders, and warehouse operators, as well as other supply chain service providers.