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

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 35,300 shares, a decline of 39.2% from the January 31st total of 58,100 shares. Based on an average trading volume of 61,500 shares, the days-to-cover ratio is currently 0.6 days.

MingZhu Logistics Price Performance

Shares of NASDAQ YGMZ opened at $0.71 on Monday. MingZhu Logistics has a 1 year low of $0.64 and a 1 year high of $6.24. The company’s fifty day moving average price is $0.82 and its 200 day moving average price is $1.06.

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.