Short Interest in JD Logistics, Inc. (OTCMKTS:JDLGF) Increases By 23.6%

JD Logistics, Inc. (OTCMKTS:JDLGF) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 4,256,900 shares, a growth of 23.6% from the March 15th total of 3,444,700 shares. Based on an average daily trading volume, of 44,868 shares, the short-interest ratio is presently 94.9 days.

JD Logistics Stock Performance

JDLGF opened at $1.70 on Thursday. JD Logistics has a fifty-two week low of $0.94 and a fifty-two week high of $1.95. The firm’s fifty day moving average price is $1.56 and its two-hundred day moving average price is $1.49.

About JD Logistics

JD Logistics is the logistics and supply chain management arm of JD.com, one of China’s largest e-commerce platforms. Established to bring transparency and efficiency to warehousing and delivery, the company was spun off in 2021 to operate as an independent public entity. Headquartered in Beijing, JD Logistics leverages the technology and infrastructure strengths of its parent organization while pursuing its own growth strategies in both domestic and international markets.

The company offers an integrated suite of services that spans warehousing, order fulfillment, last-mile delivery, cold chain logistics and supply chain consulting.