Yueda Digital Holding (NASDAQ:YDKG) Stock Short Interest Climbs 64.0%

Yueda Digital Holding (NASDAQ:YDKG) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 103,314 shares, an increase of 64.0% from the September 30th total of 62,986 shares. Based on an average daily volume of 10,195 shares, the short-interest ratio is presently 10.1 days. Currently, 2.0% of the company’s shares are short sold.

Yueda Digital Stock Performance

Shares of NASDAQ YDKG traded up $0.01 during mid-day trading on Monday, reaching $0.91. 1,941 shares of the company’s stock were exchanged, compared to its average volume of 82,387. Yueda Digital has a 52-week low of $0.73 and a 52-week high of $6.55. The company’s 50-day moving average is $0.91 and its 200-day moving average is $0.92.

Yueda Digital (NASDAQ:YDKG) last posted its quarterly earnings data on Tuesday, September 1st. The company reported ($5.50) earnings per share for the quarter. The company had revenue of $10.78 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Yueda Digital from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, September 1st. 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”.

Yueda Digital Company Profile

AirMedia Group Inc operates out-of-home advertising platforms primarily in the People’s Republic of China. The company operates a network of digital TV screens on planes operated by five airlines; and gas station media network, as well as other outdoor media advertising platforms in gas stations. It also displays non-advertising content, such as weather, sports, and comedy clips; and television programs, including documentaries and hidden camera type reality shows from other third-party content providers.