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

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 19,800 shares, a decline of 33.6% from the March 15th total of 29,800 shares. Based on an average daily volume of 245,100 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

MingZhu Logistics Stock Up 2.3 %

MingZhu Logistics stock opened at $0.40 on Friday. MingZhu Logistics has a twelve month low of $0.37 and a twelve month high of $2.10. The stock’s fifty day simple moving average is $0.46 and its 200-day simple moving average is $0.50.

Institutional Trading of MingZhu Logistics

An institutional investor recently bought a new position in MingZhu Logistics stock. Susquehanna International Group LLP acquired a new position in shares of MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 70,104 shares of the company’s stock, valued at approximately $59,000. Susquehanna International Group LLP owned 0.31% of MingZhu Logistics at the end of the most recent quarter. 0.17% of the stock is currently owned by hedge funds and other institutional investors.

MingZhu Logistics Company Profile

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