Short Interest in Jayud Global Logistics Limited (NASDAQ:JYD) Decreases By 22.6%

Jayud Global Logistics Limited (NASDAQ:JYD) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 16,463 shares, a decrease of 22.6% from the November 30th total of 21,275 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 47,591 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 47,591 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on JYD. Wall Street Zen raised shares of Jayud Global Logistics to a “hold” rating in a research note on Saturday, November 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Jayud Global Logistics in a report on Wednesday, December 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Jayud Global Logistics presently has a consensus rating of “Sell”.

Jayud Global Logistics Price Performance

Jayud Global Logistics stock traded up $0.32 during midday trading on Tuesday, hitting $5.00. The company’s stock had a trading volume of 58,943 shares, compared to its average volume of 27,855. Jayud Global Logistics has a 12 month low of $2.71 and a 12 month high of $400.00. The stock’s 50-day moving average price is $3.99 and its 200-day moving average price is $7.02.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Jayud Global Logistics stock. Invesco Ltd. purchased a new stake in shares of Jayud Global Logistics Limited (NASDAQ:JYD) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 74,867 shares of the company’s stock, valued at approximately $576,000. Invesco Ltd. owned about 0.08% of Jayud Global Logistics as of its most recent SEC filing. Institutional investors own 67.92% of the company’s stock.

Jayud Global Logistics Company Profile

Jayud Global Logistics Co, Ltd. is a China-based integrated supply chain service provider that offers a broad range of logistics solutions to multinational and domestic customers. The company’s core business encompasses international freight forwarding by sea, air, rail and road, as well as customs brokerage, warehousing, distribution and value-added services. Jayud Global Logistics leverages its vertically integrated network to deliver end-to-end visibility and control across the shipping process, aiming to streamline operations and reduce transit times for shippers in diverse industries.

In the area of freight forwarding, Jayud Global Logistics manages shipments of general and specialized cargo, including temperature-sensitive products, hazardous materials and oversized equipment.