JD Logistics, Inc. (OTCMKTS:JDLGF) Short Interest Update

JD Logistics, Inc. (OTCMKTS:JDLGF) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 2,165,700 shares, an increase of 15.0% from the February 12th total of 1,882,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

JD Logistics Stock Performance

Shares of OTCMKTS:JDLGF opened at $1.70 on Tuesday. The firm has a 50 day simple moving average of $1.28 and a 200-day simple moving average of $1.42. JD Logistics has a twelve month low of $0.94 and a twelve month high of $1.95.

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.