MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Short Interest Update

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 11,900 shares, a decline of 67.6% from the September 30th total of 36,700 shares. Based on an average daily trading volume, of 58,100 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the company’s stock are sold short.

MingZhu Logistics Trading Down 5.2 %

Shares of YGMZ stock opened at $1.46 on Friday. MingZhu Logistics has a 1 year low of $0.91 and a 1 year high of $6.24. The firm’s fifty day moving average price is $1.21 and its two-hundred day moving average price is $1.99.

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.