Jayud Global Logistics (NASDAQ:JYD) Shares Up 10.6%

Jayud Global Logistics Limited (NASDAQ:JYD)’s stock price shot up 10.6% during trading on Tuesday . The stock traded as high as $1.05 and last traded at $1.04. 188,979 shares changed hands during mid-day trading, an increase of 260% from the average session volume of 52,495 shares. The stock had previously closed at $0.94.

Jayud Global Logistics Stock Up 10.6 %

The company’s 50 day simple moving average is $0.99 and its 200 day simple moving average is $1.47.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Jayud Global Logistics stock. Hohimer Wealth Management LLC increased its holdings in shares of Jayud Global Logistics Limited (NASDAQ:JYD) by 42.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,294 shares of the company’s stock after purchasing an additional 16,000 shares during the quarter. Hohimer Wealth Management LLC owned approximately 0.25% of Jayud Global Logistics worth $59,000 as of its most recent SEC filing. Institutional investors and hedge funds own 67.92% of the company’s stock.

Jayud Global Logistics Company Profile

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. It offers freight forwarding services, including integrated cross-border logistics and fragmented logistics services; supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.