JD Logistics, Inc. (OTCMKTS:JDLGF – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,508,250 shares, an increase of 12,243.4% from the May 31st total of 44,625 shares. Based on an average daily volume of 50,877 shares, the short-interest ratio is presently 108.3 days.
JD Logistics Stock Performance
OTCMKTS:JDLGF opened at $1.47 on Friday. The stock’s fifty day moving average price is $1.75 and its two-hundred day moving average price is $1.56. JD Logistics has a 1 year low of $0.94 and a 1 year high of $1.95.
About JD Logistics
JD Logistics is the logistics and supply chain management arm of JD.com, one of China’s largest e-commerce platforms. Established to bring transparency and efficiency to warehousing and delivery, the company was spun off in 2021 to operate as an independent public entity. Headquartered in Beijing, JD Logistics leverages the technology and infrastructure strengths of its parent organization while pursuing its own growth strategies in both domestic and international markets.
The company offers an integrated suite of services that spans warehousing, order fulfillment, last-mile delivery, cold chain logistics and supply chain consulting.
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