Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Up 801.9% in May

Jayud Global Logistics Limited (NASDAQ:JYD) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 129,880 shares, an increase of 801.9% from the May 14th total of 14,401 shares. Based on an average daily volume of 3,145,615 shares, the short-interest ratio is presently 0.0 days. Currently, 4.0% of the shares of the company are short sold.

Jayud Global Logistics Stock Down 5.6%

Shares of NASDAQ JYD traded down $0.04 during trading hours on Thursday, hitting $0.75. 132,666 shares of the stock were exchanged, compared to its average volume of 355,710. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.51 and a current ratio of 1.51. The company’s fifty day simple moving average is $2.91 and its two-hundred day simple moving average is $3.27. Jayud Global Logistics has a 1-year low of $0.47 and a 1-year high of $12.65.

Jayud Global Logistics (NASDAQ:JYD) last posted its quarterly earnings results on Monday, April 20th. The company reported ($1.12) earnings per share (EPS) for the quarter. The company had revenue of $23.35 million for the quarter.

Institutional Trading of Jayud Global Logistics

A hedge fund recently bought a new stake in Jayud Global Logistics stock. Citadel Advisors LLC purchased a new position in shares of Jayud Global Logistics Limited (NASDAQ:JYD) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 196,915 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned approximately 7.21% of Jayud Global Logistics at the end of the most recent quarter. Hedge funds and other institutional investors own 67.92% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Jayud Global Logistics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 19th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Jayud Global Logistics has an average rating of “Sell”.

About Jayud Global Logistics

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.