JD Logistics, Inc. (OTCMKTS:JDLGF) Sees Large Increase in Short Interest

JD Logistics, Inc. (OTCMKTS:JDLGF) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 908,400 shares, a growth of 85.8% from the January 15th total of 488,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

JD Logistics Price Performance

Shares of JDLGF stock remained flat at $1.40 on Friday. The company’s 50 day moving average is $1.35 and its two-hundred day moving average is $1.38. JD Logistics has a twelve month low of $0.94 and a twelve month high of $1.95.

JD Logistics Company Profile

JD Logistics is the logistics and supply chain management arm of JD.com, one of China’s largest e-commerce platforms. Established to bring transparency and efficiency to warehousing and delivery, the company was spun off in 2021 to operate as an independent public entity. Headquartered in Beijing, JD Logistics leverages the technology and infrastructure strengths of its parent organization while pursuing its own growth strategies in both domestic and international markets.

The company offers an integrated suite of services that spans warehousing, order fulfillment, last-mile delivery, cold chain logistics and supply chain consulting.