MingZhu Logistics Holdings Limited (NASDAQ:YGMZ - Get Free Report) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 80,000 shares, a decrease of 50.5% from the April 30th total of 161,600 shares. Currently, 1.9% of the company's shares are short sold. Based on an average daily trading volume, of 94,000 shares, the short-interest ratio is presently 0.9 days.
MingZhu Logistics Stock Performance
NASDAQ:YGMZ traded down $0.06 during midday trading on Tuesday, hitting $1.22. 587,017 shares of the company traded hands, compared to its average volume of 108,082. The firm's fifty day moving average is $1.10 and its 200-day moving average is $0.97. MingZhu Logistics has a 12-month low of $0.64 and a 12-month high of $3.28.
About MingZhu Logistics
(
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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.
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