Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Update

Jayud Global Logistics Limited (NASDAQ:JYD) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 21,076 shares, a decrease of 35.5% from the August 31st total of 32,684 shares. Based on an average daily volume of 202,532 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.6% of the company’s stock are short sold.

Jayud Global Logistics Stock Down 13.2%

Jayud Global Logistics stock opened at $0.79 on Thursday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.04. Jayud Global Logistics has a one year low of $0.47 and a one year high of $8.00. The business’s fifty day moving average is $0.91 and its 200 day moving average is $1.76.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jayud Global Logistics in a report on Friday, August 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Institutional Trading of Jayud Global Logistics

An institutional investor recently bought a new position in Jayud Global Logistics stock. Renaissance Technologies LLC purchased a new position in Jayud Global Logistics Limited (NASDAQ:JYD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,400 shares of the company’s stock, valued at approximately $40,000. Renaissance Technologies LLC owned 0.41% of Jayud Global Logistics as of its most recent SEC filing. 67.92% of the stock is currently owned by institutional investors and hedge funds.

Jayud Global Logistics Company Profile

Jayud Global Logistics Limited is a China-based integrated logistics and supply chain services provider. The company offers cross-border logistics solutions designed to support the movement of goods between China and international markets.

Its services include freight forwarding by air, sea and land; customs clearance and brokerage; warehousing; trucking and other transportation services; and supply chain management. Jayud also provides logistics support for specialized shipments and project-based cargo, helping customers coordinate multiple stages of the import and export process.

The company is headquartered in Shenzhen, Guangdong Province, a major Chinese manufacturing and international trade center.