Jayud Global Logistics Limited (NASDAQ:JYD) Short Interest Down 9.7% in October

Jayud Global Logistics Limited (NASDAQ:JYD) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 61,400 shares, a drop of 9.7% from the October 15th total of 68,000 shares. Based on an average daily trading volume, of 28,600 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.9% of the company’s shares are short sold.

Jayud Global Logistics Price Performance

Jayud Global Logistics stock opened at $1.10 on Monday. Jayud Global Logistics has a fifty-two week low of $0.42 and a fifty-two week high of $3.10. The firm’s 50 day simple moving average is $0.85 and its 200-day simple moving average is $0.74.

About Jayud Global Logistics

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. The company offers freight forwarding services, including integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. It also offers supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.