Shengfeng Development Limited's short interest declined 24.4% in September, reaching 260,200 shares.

Shengfeng Development Limited (NASDAQ:SFWL) saw a 24.4% decline in short interest in September, falling to 260,200 shares. The short-interest ratio is now 3.9 days, with 3.0% of its stock sold short. On September 15, the stock price rose to $1.33. The company, which offers contract logistics services in China, has a current ratio of 1.30 and a low debt-to-equity ratio of 0.08. Its 52-week stock range is $0.81 to $17.51.

September 29, 2024
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