MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Short Interest Down 55.0% in February

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 15,900 shares, a decrease of 55.0% from the February 13th total of 35,300 shares. Based on an average daily volume of 61,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s stock are short sold.

MingZhu Logistics Trading Up 2.8 %

Shares of YGMZ stock opened at $0.95 on Friday. MingZhu Logistics has a 1-year low of $0.64 and a 1-year high of $4.35. The stock’s fifty day simple moving average is $0.79 and its 200-day simple moving average is $1.05.

MingZhu Logistics Company Profile

MingZhu Logistics Holdings Limited, through its subsidiaries, provides trucking services in the People’s Republic of China. The company also provides car-hailing and driver management services, and car owner services. It serves sizeable third-party logistics companies, freight forwarders, and warehouse operators, as well as other supply chain service providers.