Smart Logistics Global Limited (NASDAQ:SLGB – Get Free Report) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 805,401 shares, a growth of 386.6% from the August 31st total of 165,508 shares. Based on an average trading volume of 2,955,797 shares, the short-interest ratio is currently 0.3 days. Approximately 1.8% of the company’s stock are sold short.
Smart Logistics Global Trading Up 8.1%
Shares of Smart Logistics Global stock opened at $0.33 on Friday. Smart Logistics Global has a 52 week low of $0.28 and a 52 week high of $6.08. The firm’s 50 day moving average is $0.50 and its two-hundred day moving average is $0.65.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Smart Logistics Global to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings raised Smart Logistics Global from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.
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.
See Also
- Five stocks we like better than Smart Logistics Global
- Cintas Raises Guidance as a Major Catalyst Moves Closer
- 3 Space Stocks to Watch as SpaceX Reshapes the Launch Market
- Dave’s Success Has Investors Split
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
Receive News & Ratings for Smart Logistics Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart Logistics Global and related companies with MarketBeat.com's FREE daily email newsletter.
