Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Update

Jayud Global Logistics Limited (NASDAQ:JYD) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 29,350 shares, a drop of 57.8% from the June 30th total of 69,556 shares. Based on an average daily volume of 64,295 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Investors Weigh In On Jayud Global Logistics

An institutional investor recently bought a new stake in Jayud Global Logistics stock. Citadel Advisors LLC purchased a new position in shares of Jayud Global Logistics Limited (NASDAQ:JYD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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 filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 67.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded Jayud Global Logistics from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Jayud Global Logistics Stock Performance

NASDAQ:JYD opened at $0.93 on Monday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average price is $0.91 and its 200-day moving average price is $2.52. Jayud Global Logistics has a 1-year low of $0.47 and a 1-year high of $11.72.

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.