Jayud Global Logistics Limited (NASDAQ:JYD) Stock Short Interest Report for October

Jayud Global Logistics Limited (NASDAQ:JYD) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 174,588 shares, a growth of 764.9% from the September 30th total of 20,187 shares. Approximately 5.3% of the shares of the stock are sold short. Based on an average daily volume of 3,337,403 shares, the short-interest ratio is presently 0.1 days.

Jayud Global Logistics Trading Up 5.4%

NASDAQ:JYD traded up $0.11 during trading hours on Wednesday, reaching $2.07. 177,023 shares of the company’s stock were exchanged, compared to its average volume of 456,880. Jayud Global Logistics has a 12 month low of $0.47 and a 12 month high of $5.75. The business’s 50-day simple moving average is $1.03 and its two-hundred day simple moving average is $2.02.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Jayud Global Logistics in a research note on Friday, August 14th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Jayud Global Logistics currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Jayud Global Logistics

An institutional investor recently bought a new stake in Jayud Global Logistics stock. Renaissance Technologies LLC acquired a new stake in shares of Jayud Global Logistics Limited (NASDAQ:JYD) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,400 shares of the company’s stock, valued at approximately $40,000. Renaissance Technologies LLC owned approximately 0.41% of Jayud Global Logistics at the end of the most recent quarter. 67.92% of the stock is owned by institutional investors.

Jayud Global Logistics Company Profile

Jayud Global Logistics Limited (NASDAQ: JYD) is a China-based logistics and supply chain services provider headquartered in Shenzhen. The company focuses on facilitating domestic and international trade through integrated logistics solutions for businesses and their cargo.

Its services include freight forwarding, customs clearance, warehousing, cargo consolidation, trucking and other transportation-related support. Jayud also provides supply chain management services designed to coordinate the movement, storage and delivery of goods across multiple stages of the logistics process.

The company primarily serves customers in China while supporting cross-border shipments and international trade.