Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Stock Short Interest Report for September

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 9,989 shares, a decrease of 57.6% from the September 15th total of 23,565 shares. Based on an average daily volume of 113,713 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Global Crossing Airlines Group Stock Performance

Shares of JETMF opened at $0.60 on Tuesday. Global Crossing Airlines Group has a one year low of $0.38 and a one year high of $0.87. The stock has a 50-day moving average price of $0.60 and a 200 day moving average price of $0.63. The company has a market capitalization of $40.78 million, a P/E ratio of -15.00 and a beta of 0.98.

Global Crossing Airlines Group (OTCMKTS:JETMF) last announced its earnings results on Wednesday, August 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). The business had revenue of $62.02 million during the quarter, compared to the consensus estimate of $67.11 million. As a group, equities research analysts forecast that Global Crossing Airlines Group will post 0.06 earnings per share for the current fiscal year.

Analyst Ratings Changes

JETMF has been the subject of several analyst reports. Litchfield Hills Research started coverage on Global Crossing Airlines Group in a research report on Monday, June 22nd. They issued a “buy” rating for the company. Zacks Research lowered Global Crossing Airlines Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 25th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Global Crossing Airlines Group has a consensus rating of “Hold”.

Global Crossing Airlines Group Company Profile

Global Crossing Airlines Group, Inc, operating as GlobalX, is a U.S. charter airline based in Miami, Florida. The company provides passenger and cargo air transportation services, with an emphasis on charter operations and aircraft, crew, maintenance and insurance (ACMI) wet-lease arrangements.

GlobalX operates Airbus A320-family aircraft and serves a range of customers, including tour operators, other airlines, professional sports organizations, government agencies, military and humanitarian organizations, and cargo customers.