Jayud Global Logistics (NASDAQ:JYD) Shares Up 10.6%

Jayud Global Logistics Limited (NASDAQ:JYD) shares were up 10.6% during mid-day trading on Tuesday . The stock traded as high as $1.05 and last traded at $1.04. Approximately 188,979 shares were traded during mid-day trading, an increase of 260% from the average daily volume of 52,495 shares. The stock had previously closed at $0.94.

Jayud Global Logistics Price Performance

The company has a 50 day simple moving average of $0.99 and a 200-day simple moving average of $1.47.

Institutional Trading of Jayud Global Logistics

An institutional investor recently raised its position in Jayud Global Logistics stock. Hohimer Wealth Management LLC increased its holdings in Jayud Global Logistics Limited (NASDAQ:JYD) by 42.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,294 shares of the company’s stock after acquiring an additional 16,000 shares during the quarter. Hohimer Wealth Management LLC owned about 0.25% of Jayud Global Logistics worth $59,000 as of its most recent filing with the Securities & Exchange Commission. 67.92% of the stock is currently owned by institutional investors.

Jayud Global Logistics Company Profile

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