Shengfeng Development Limited (NASDAQ:SFWL – Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 528,900 shares, a drop of 16.4% from the March 31st total of 632,400 shares. Based on an average trading volume of 281,300 shares, the days-to-cover ratio is presently 1.9 days. Currently, 6.9% of the shares of the company are sold short.
Shengfeng Development Trading Up 9.1 %
Shares of Shengfeng Development stock opened at $1.68 on Friday. Shengfeng Development has a 12-month low of $1.38 and a 12-month high of $17.60. The firm’s 50-day moving average price is $1.71 and its two-hundred day moving average price is $5.58.
Shengfeng Development Company Profile
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