JD Logistics, Inc. (OTCMKTS:JDLGF – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 51,598 shares, a drop of 97.6% from the September 15th total of 2,163,800 shares. Based on an average daily volume of 236 shares, the days-to-cover ratio is currently 218.6 days.
JD Logistics Stock Performance
OTCMKTS:JDLGF remained flat at $1.30 during midday trading on Friday. The firm’s 50 day simple moving average is $1.46 and its 200 day simple moving average is $1.60. JD Logistics has a one year low of $0.94 and a one year high of $1.95.
JD Logistics Company Profile
JD Logistics, Inc is the logistics and supply-chain services subsidiary of JD.com, Inc The company provides integrated logistics solutions for businesses and consumers, using a network of warehouses, distribution centers, transportation resources and delivery personnel to support the movement of goods from suppliers to end customers.
Its services include warehousing, transportation, express and last-mile delivery, freight forwarding, cold-chain logistics, and delivery of bulky items such as furniture and appliances.
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