Cargojet Inc. (OTCMKTS:CGJTF) Sees Significant Increase in Short Interest

Cargojet Inc. (OTCMKTS:CGJTF) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 494,700 shares, a growth of 33.6% from the December 31st total of 370,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4,947.0 days.

Cargojet Trading Down 1.6 %

Shares of OTCMKTS:CGJTF traded down $1.36 during trading on Friday, hitting $84.00. The company’s stock had a trading volume of 2,856 shares, compared to its average volume of 5,897. Cargojet has a fifty-two week low of $66.11 and a fifty-two week high of $103.11. The stock’s 50-day moving average price is $80.47 and its two-hundred day moving average price is $90.30.

Cargojet Company Profile

Cargojet Inc provides time sensitive overnight air cargo services and carriers in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North and South America, and Europe.