MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Sees Large Decrease in Short Interest

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

MingZhu Logistics Trading Down 2.5 %

NASDAQ YGMZ opened at $1.17 on Friday. The company’s fifty day moving average price is $1.15 and its two-hundred day moving average price is $2.11. MingZhu Logistics has a 12 month low of $0.91 and a 12 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. It also provides car-hailing and driver management services, and car owner services. The company serves sizeable third-party logistics companies, freight forwarders, and warehouse operators, as well as other supply chain service providers.