MingZhu Logistics Holdings Limited (NASDAQ:YGMZ – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 284,000 shares, an increase of 2,435.7% from the June 30th total of 11,200 shares. Based on an average daily trading volume, of 272,100 shares, the days-to-cover ratio is currently 1.0 days. Approximately 10.0% of the shares of the company are short sold.
MingZhu Logistics Stock Down 5.0 %
YGMZ stock traded down $0.07 during midday trading on Thursday, hitting $1.34. 18,841 shares of the stock traded hands, compared to its average volume of 139,162. The stock’s fifty day simple moving average is $2.39 and its 200-day simple moving average is $3.19. MingZhu Logistics has a 1-year low of $1.27 and a 1-year high of $7.54.
MingZhu Logistics Company Profile
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