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

Jayud Global Logistics Limited (NASDAQ:JYD) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 12,444 shares, a decrease of 52.7% from the December 31st total of 26,299 shares. Based on an average daily volume of 167,886 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 167,886 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Jayud Global Logistics

An institutional investor recently bought a new position in Jayud Global Logistics stock. Citadel Advisors LLC bought a new stake in Jayud Global Logistics Limited (NASDAQ:JYD) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 196,915 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned 7.21% of Jayud Global Logistics as of its most recent SEC filing. Hedge funds and other institutional investors own 67.92% of the company’s stock.

Jayud Global Logistics Stock Performance

Jayud Global Logistics stock opened at $3.50 on Thursday. The stock’s fifty day moving average price is $4.05 and its two-hundred day moving average price is $6.22. Jayud Global Logistics has a one year low of $2.71 and a one year high of $400.00.

Analysts Set New Price Targets

A number of brokerages have commented on JYD. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Jayud Global Logistics in a report on Wednesday, December 24th. Wall Street Zen raised shares of Jayud Global Logistics to a “hold” rating in a research report on Saturday, November 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Jayud Global Logistics presently has an average rating of “Sell”.

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.