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

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ - Get Free Report) was the target of a significant decrease in short interest during 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 shares of the company are sold short. Based on an average trading volume of 94,000 shares, the short-interest ratio is currently 0.9 days.

MingZhu Logistics Price Performance

Shares of YGMZ stock remained flat at $1.33 during trading hours on Monday. 13,271 shares of the company were exchanged, compared to its average volume of 79,922. The company's fifty day simple moving average is $1.08 and its 200-day simple moving average is $0.97. MingZhu Logistics has a 1-year low of $0.64 and a 1-year high of $4.35.

About MingZhu Logistics

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.