Singularity Future Technology Ltd. (NASDAQ:SGLY) Short Interest Update

Singularity Future Technology Ltd. (NASDAQ:SGLY) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 48,500 shares, an increase of 38.2% from the January 15th total of 35,100 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average trading volume of 1,070,000 shares, the short-interest ratio is presently 0.0 days.

Singularity Future Technology Stock Performance

NASDAQ SGLY traded down $0.02 during trading hours on Friday, hitting $0.85. The company had a trading volume of 46,916 shares, compared to its average volume of 3,380,009. Singularity Future Technology has a 1-year low of $0.66 and a 1-year high of $7.65. The business has a 50 day moving average of $1.73 and a 200-day moving average of $2.13.

Singularity Future Technology Company Profile

Singularity Future Technology Ltd. operates as an integrated logistics solutions provider in China and the United States. It offers freight logistics services, including shipping, transportation, warehouse, collection, last-mile delivery, drop shipping, customs clearance, and overseas transit delivery services.