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

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 36,700 shares, a drop of 35.6% from the September 15th total of 57,000 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average daily volume of 211,700 shares, the short-interest ratio is presently 0.2 days.

MingZhu Logistics Price Performance

MingZhu Logistics stock opened at $1.17 on Monday. The firm has a fifty day simple moving average of $1.15 and a two-hundred day simple moving average of $2.10. MingZhu Logistics has a twelve month low of $0.91 and a twelve month high of $7.54.

MingZhu Logistics Company Profile

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