Short Interest in Janel World Trade Ltd. (OTCMKTS:JANL) Grows By 62.4%

Janel World Trade Ltd. (OTCMKTS:JANL) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 138 shares, a growth of 62.4% from the July 30th total of 85 shares. Based on an average daily volume of 349 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Janel World Trade Stock Performance

Shares of Janel World Trade stock remained flat at $51.98 during trading hours on Monday. The stock had a trading volume of 40 shares, compared to its average volume of 114. Janel World Trade has a twelve month low of $21.00 and a twelve month high of $58.00. The company’s fifty day simple moving average is $50.25 and its two-hundred day simple moving average is $49.95. The company has a market cap of $61.86 million, a PE ratio of 11.50 and a beta of -0.30. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.74 and a current ratio of 0.79.

Janel World Trade (OTCMKTS:JANL) last issued its quarterly earnings data on Friday, August 7th. The company reported $1.63 earnings per share (EPS) for the quarter. Janel World Trade had a return on equity of 19.90% and a net margin of 2.49%.The firm had revenue of $67.51 million during the quarter.

About Janel World Trade

Janel Corporation, through its subsidiaries, provides logistics services worldwide. It operates through three segments: Logistics, Life Sciences, and Manufacturing. The Logistics segment provides cargo transportation logistics management services, including freight forwarding by air, ocean, and land-based carriers; customs brokerage services; warehousing and distribution services; and other value added logistic services, as well as customs entry filing, cargo insurance procurement, logistics planning, product repackaging, and online shipment tracking services.