JD Logistics, Inc. (OTCMKTS:JDLGF) Sees Significant Drop in Short Interest

JD Logistics, Inc. (OTCMKTS:JDLGF) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 538,000 shares, a drop of 32.5% from the September 30th total of 797,100 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 298.9 days. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 298.9 days.

JD Logistics Stock Performance

Shares of JDLGF opened at $1.58 on Friday. The business’s fifty day moving average price is $1.37 and its 200 day moving average price is $1.37. JD Logistics has a 12-month low of $1.13 and a 12-month high of $1.95.

JD Logistics Company Profile

JD Logistics, Inc, an investment holding company, provides integrated supply chain solutions and logistics services in the People’s Republic of China. The company offers warehousing and distribution, express and freight delivery; courier; air cargo; line-haul transportation and last-mile delivery; bulky item, cold chain, and cross-border logistics; freight forwarder; and domestic and international transportation and delivery services, as well as technology and consulting services.