Yueda Digital Holding (NASDAQ:YDKG) Shares Shorted: Short Interest Up 64.0% in October

Yueda Digital Holding (NASDAQ:YDKG) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 103,314 shares, an increase of 64.0% from the September 30th total of 62,986 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily volume of 10,195 shares, the days-to-cover ratio is presently 10.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Yueda Digital from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Yueda Digital Trading Up 12.4%

NASDAQ YDKG opened at $1.00 on Wednesday. The firm’s 50 day simple moving average is $0.90 and its 200 day simple moving average is $0.92. Yueda Digital has a 1 year low of $0.73 and a 1 year high of $6.55.

Yueda Digital (NASDAQ:YDKG) last announced its quarterly earnings data on Tuesday, September 1st. The company reported ($5.50) earnings per share (EPS) for the quarter. The company had revenue of $10.78 million for the quarter.

Yueda Digital Company Profile

AirMedia Group Inc operates out-of-home advertising platforms primarily in the People’s Republic of China. The company operates a network of digital TV screens on planes operated by five airlines; and gas station media network, as well as other outdoor media advertising platforms in gas stations. It also displays non-advertising content, such as weather, sports, and comedy clips; and television programs, including documentaries and hidden camera type reality shows from other third-party content providers.