Short Interest in Jayud Global Logistics Limited (NASDAQ:JYD) Declines By 9.7%

Jayud Global Logistics Limited (NASDAQ:JYD) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 61,400 shares, a decline of 9.7% from the October 15th total of 68,000 shares. Based on an average daily volume of 28,600 shares, the short-interest ratio is presently 2.1 days. Approximately 1.9% of the shares of the stock are sold short.

Jayud Global Logistics Price Performance

JYD stock opened at $1.10 on Monday. Jayud Global Logistics has a 12 month low of $0.42 and a 12 month high of $3.10. The firm has a 50 day simple moving average of $0.85 and a 200 day simple moving average of $0.74.

Jayud Global Logistics Company Profile

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. The company offers freight forwarding services, including integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. It also offers supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.