Smart Logistics Global Limited (NASDAQ:SLGB – Get Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 144,605 shares, a decrease of 82.0% from the September 15th total of 805,401 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,581,761 shares, the short-interest ratio is currently 0.0 days.
Smart Logistics Global Stock Down 4.6%
Shares of NASDAQ:SLGB opened at $0.27 on Friday. Smart Logistics Global has a fifty-two week low of $0.27 and a fifty-two week high of $6.08. The business has a 50-day moving average of $0.42 and a two-hundred day moving average of $0.59.
Wall Street Analyst Weigh In
A number of analysts have commented on SLGB shares. Weiss Ratings raised shares of Smart Logistics Global from a “sell (e)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. Wall Street Zen raised shares of Smart Logistics Global to a “hold” rating in a research report on Saturday, August 15th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
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.
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