Sino-global Shipping America LTD. (NASDAQ:SINO)’s Trend Unknown, Especially After Increased Shorts

June 10, 2018 - By Stephen Andrade

Investors sentiment decreased to 0.6 in Q1 2018. Its down 3.40, from 4 in 2017Q4. It is negative, as 2 investors sold Sino-Global Shipping America, Ltd. shares while 3 reduced holdings. 2 funds opened positions while 1 raised stakes. 338,643 shares or 50.89% less from 689,582 shares in 2017Q4 were reported.
Blackrock holds 12,748 shares or 0% of its portfolio. Virtu Fin Ltd Llc stated it has 73,345 shares or 0% of all its holdings. Bridgeway Capital Mgmt invested 0% in Sino-Global Shipping America, Ltd. (NASDAQ:SINO). Wells Fargo & Company Mn reported 0% stake. James Investment has invested 0% in Sino-Global Shipping America, Ltd. (NASDAQ:SINO). Royal National Bank Of Canada holds 0% in Sino-Global Shipping America, Ltd. (NASDAQ:SINO) or 1 shares. Morgan Stanley owns 331 shares. Dimensional Fund Advisors Limited Partnership reported 83,226 shares stake. Citadel Advsrs invested in 26,517 shares.

The stock of Sino-global Shipping America LTD. (NASDAQ:SINO) registered an increase of 1.37% in short interest. SINO’s total short interest was 368,900 shares in June as published by FINRA. Its up 1.37% from 363,900 shares, reported previously. With 308,900 shares average volume, it will take short sellers 1 days to cover their SINO’s short positions. The short interest to Sino-global Shipping America LTD.’s float is 5.27%.

The stock increased 4.69% or $0.06 during the last trading session, reaching $1.34. About 103,496 shares traded. Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has declined 51.10% since June 10, 2017 and is downtrending. It has underperformed by 63.67% the S&P500.

Sino-Global Shipping America, Ltd. provides shipping and integrated freight logistics solutions in the United States, the People's Republic of China, Hong Kong, Australia, and Canada. The company has market cap of $16.66 million. The Company’s services include inland transportation management, freight logistics, and container trucking that cover shipping and freight logistic chain. It has a 4.42 P/E ratio.

More news for Sino-Global Shipping America, Ltd. (NASDAQ:SINO) were recently published by: Prnewswire.com, which released: “Sino-Global Announces Fiscal Year 2018 Third Quarter Financial Results” on May 14, 2018. Prnewswire.com‘s article titled: “Sino-Global Enters into Strategic Agreement with Leading China State-Owned Exporter” and published on May 31, 2018 is yet another important article.

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