Smart Logistics Global Limited (NASDAQ:SLGB) Short Interest Down 93.0% in April

Smart Logistics Global Limited (NASDAQ:SLGB) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 5,227 shares, a decrease of 93.0% from the April 15th total of 74,284 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 74,485 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Smart Logistics Global

A hedge fund recently bought a new stake in Smart Logistics Global stock. Geode Capital Management LLC acquired a new stake in Smart Logistics Global Limited (NASDAQ:SLGB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned approximately 0.06% of Smart Logistics Global at the end of the most recent quarter.

Smart Logistics Global Price Performance

Smart Logistics Global stock traded up $0.04 during mid-day trading on Tuesday, reaching $0.61. 55,637 shares of the company’s stock were exchanged, compared to its average volume of 2,262,417. Smart Logistics Global has a twelve month low of $0.50 and a twelve month high of $6.08. The company has a fifty day moving average of $0.90 and a 200-day moving average of $1.51.

Smart Logistics Global (NASDAQ:SLGB) last released its earnings results on Thursday, April 30th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $21.69 million for the quarter.

About Smart Logistics Global

Smart Logistics Global Limited is a business-to-business contract logistics solution provider. Smart Logistics Global Limited is based in Hong Kong.