Yueda Digital Holding (NASDAQ:YDKG) Sees Significant Growth in Short Interest

Yueda Digital Holding (NASDAQ:YDKG – Get Free Report) saw a significant increase in short interest in 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. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily volume of 10,195 shares, the days-to-cover ratio is presently 10.1 days.

Yueda Digital Stock Performance

Shares of Yueda Digital stock traded up $0.01 during trading hours on Monday, reaching $0.91. The stock had a trading volume of 1,941 shares, compared to its average volume of 82,387. Yueda Digital has a 1 year low of $0.73 and a 1 year high of $6.55. The firm has a 50 day simple moving average of $0.91 and a two-hundred day simple moving average of $0.92.

Yueda Digital (NASDAQ:YDKG – Get Free Report) last announced its earnings results on Tuesday, September 1st. The company reported ($5.50) earnings per share for the quarter. The firm had revenue of $10.78 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Yueda Digital from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on YDKG

Yueda Digital Company Profile

(Get Free Report)

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.

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