Smart Logistics Global Limited (NASDAQ:SLGB) Short Interest Update

Smart Logistics Global Limited (NASDAQ:SLGB) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 119,507 shares, an increase of 790.8% from the May 31st total of 13,416 shares. Based on an average daily volume of 6,852,968 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Trading of Smart Logistics Global

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

Smart Logistics Global Stock Performance

NASDAQ SLGB opened at $0.54 on Friday. The company’s 50-day moving average price is $0.64 and its 200-day moving average price is $1.08. Smart Logistics Global has a 12 month low of $0.41 and a 12 month high of $6.08.

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

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.