MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Short Interest Up 420.7% in January

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 15,100 shares, a growth of 420.7% from the December 31st total of 2,900 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 54,800 shares, the short-interest ratio is presently 0.3 days.

MingZhu Logistics Trading Down 1.7 %

NASDAQ:YGMZ traded down $0.01 during mid-day trading on Thursday, hitting $0.83. The company had a trading volume of 11,442 shares, compared to its average volume of 71,924. MingZhu Logistics has a fifty-two week low of $0.68 and a fifty-two week high of $6.24. The business’s fifty day moving average is $0.98 and its two-hundred day moving average is $1.14.

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.