JD Logistics, Inc. (OTCMKTS:JDLGF – Get Free Report) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 44,625 shares, a drop of 99.3% from the May 14th total of 6,032,900 shares. Based on an average daily trading volume, of 1,828 shares, the short-interest ratio is currently 24.4 days.
JD Logistics Price Performance
JDLGF stock opened at $1.80 on Wednesday. JD Logistics has a 52 week low of $0.94 and a 52 week high of $1.95. The firm has a 50-day simple moving average of $1.73 and a 200-day simple moving average of $1.54.
JD Logistics Company Profile
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.
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