Smart Logistics Global Limited (NASDAQ:SLGB) Sees Significant Increase in Short Interest

Smart Logistics Global Limited (NASDAQ:SLGB) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 13,416 shares, a growth of 175.2% from the May 14th total of 4,875 shares. Based on an average daily volume of 921,815 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Smart Logistics Global Stock Performance

SLGB stock traded down $0.15 during midday trading on Friday, hitting $0.76. The company’s stock had a trading volume of 408,747 shares, compared to its average volume of 2,596,150. Smart Logistics Global has a 52-week low of $0.41 and a 52-week high of $6.08. The firm has a 50-day simple moving average of $0.67 and a 200-day simple moving average of $1.16.

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

Institutional Investors Weigh In On Smart Logistics Global

An institutional investor recently bought a new position in Smart Logistics Global stock. Geode Capital Management LLC bought a new stake in Smart Logistics Global Limited (NASDAQ:SLGB) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 24,897 shares of the company’s stock, valued at approximately $31,000. Geode Capital Management LLC owned about 0.06% of Smart Logistics Global as of its most recent filing with the Securities & Exchange Commission.

Smart Logistics Global Company Profile

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