Jayud Global Logistics Limited (NASDAQ:JYD) Sees Significant Decrease in Short Interest

Jayud Global Logistics Limited (NASDAQ:JYD) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 7,812 shares, a decrease of 15.0% from the January 29th total of 9,187 shares. Based on an average daily volume of 170,740 shares, the short-interest ratio is currently 0.0 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 170,740 shares, the short-interest ratio is currently 0.0 days.

Jayud Global Logistics Stock Performance

NASDAQ:JYD opened at $2.66 on Friday. The stock’s fifty day moving average is $3.43 and its 200 day moving average is $4.93. Jayud Global Logistics has a fifty-two week low of $2.38 and a fifty-two week high of $400.00.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wall Street Zen upgraded Jayud Global Logistics to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Jayud Global Logistics in a research note on Wednesday, December 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Jayud Global Logistics has a consensus rating of “Sell”.

Hedge Funds Weigh In On Jayud Global Logistics

A hedge fund recently bought a new stake in Jayud Global Logistics stock. Citadel Advisors LLC purchased a new stake in shares of Jayud Global Logistics Limited (NASDAQ:JYD) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 196,915 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned about 7.21% of Jayud Global Logistics at the end of the most recent quarter. 67.92% of the stock is currently owned by institutional investors.

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.