JD Logistics, Inc. (OTCMKTS:JDLGF) Short Interest Up 59.1% in March

JD Logistics, Inc. (OTCMKTS:JDLGF) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 3,444,700 shares, a growth of 59.1% from the February 26th total of 2,165,700 shares. Based on an average trading volume of 1,020 shares, the short-interest ratio is presently 3,377.2 days.

JD Logistics Price Performance

Shares of OTCMKTS:JDLGF remained flat at $1.70 during trading on Friday. The firm has a 50-day moving average price of $1.38 and a 200 day moving average price of $1.44. JD Logistics has a 12 month low of $0.94 and a 12 month high of $1.95.

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.