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

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 2,900 shares, a drop of 75.4% from the December 15th total of 11,800 shares. Based on an average daily trading volume, of 51,100 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

MingZhu Logistics Stock Down 6.2 %

MingZhu Logistics stock opened at $0.76 on Tuesday. MingZhu Logistics has a 12-month low of $0.76 and a 12-month high of $6.24. The stock has a 50-day simple moving average of $1.07 and a 200 day simple moving average of $1.20.

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.