MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Short Interest Up 284.8% in January

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 58,100 shares, a growth of 284.8% from the January 15th total of 15,100 shares. Currently, 1.9% of the shares of the company are short sold. Based on an average daily volume of 56,000 shares, the days-to-cover ratio is presently 1.0 days.

MingZhu Logistics Trading Up 16.7 %

NASDAQ:YGMZ opened at $1.05 on Thursday. The firm’s fifty day moving average price is $0.91 and its 200 day moving average price is $1.09. MingZhu Logistics has a 1-year low of $0.64 and a 1-year high of $6.24.

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.