Short Interest in Jayud Global Logistics Limited (NASDAQ:JYD) Declines By 20.3%

Jayud Global Logistics Limited (NASDAQ:JYD) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 170,000 shares, a decline of 20.3% from the January 15th total of 213,200 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 2,230,000 shares, the days-to-cover ratio is presently 0.1 days.

Jayud Global Logistics Stock Performance

NASDAQ JYD remained flat at $4.00 during trading hours on Monday. 59,519 shares of the company traded hands, compared to its average volume of 3,856,119. The stock has a 50 day simple moving average of $2.96 and a two-hundred day simple moving average of $1.59. Jayud Global Logistics has a 12 month low of $0.42 and a 12 month high of $5.01.

Institutional Trading of Jayud Global Logistics

Large investors have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC bought a new position in shares of Jayud Global Logistics in the fourth quarter worth approximately $34,000. Barclays PLC bought a new position in shares of Jayud Global Logistics in the fourth quarter worth approximately $35,000. Geode Capital Management LLC bought a new position in shares of Jayud Global Logistics in the fourth quarter worth approximately $63,000. Citadel Advisors LLC bought a new position in shares of Jayud Global Logistics in the fourth quarter worth approximately $145,000. Finally, Renaissance Technologies LLC bought a new position in shares of Jayud Global Logistics in the fourth quarter worth approximately $993,000. 67.92% of the stock is currently owned by institutional investors.

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.