MingZhu Logistics Hldgs's (NASDAQ:YGMZ) short percent of float has risen 111.18% since its last report. The company recently reported that it has 268 thousand shares sold short, which is 3.59% of all regular shares that are available for trading.
MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) shares are trading lower by 41.71% to $1.02 Tuesday afternoon as the stock pulls back after surging last week following a $34 million transportation agreement.
What Happened?
Over the past three months, shares of MingZhu Logistics Hldgs Inc. (NASDAQ:YGMZ) decreased by 40.09%. Before having a look at the importance of debt, let's look at how much debt MingZhu Logistics Hldgs has.
MingZhu Logistics Holdings Ltd (NASDAQ:YGMZ) said the company had started the execution of a transportation cooperation agreement with Xinjiang Tianfu Yitong…