Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Decreases By 16.8%

Cargojet Inc. (OTCMKTS:CGJTF) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 411,300 shares, a decrease of 16.8% from the February 13th total of 494,500 shares. Based on an average daily trading volume, of 10,700 shares, the short-interest ratio is currently 38.4 days.

Cargojet Price Performance

Shares of OTCMKTS:CGJTF traded down $1.30 during midday trading on Wednesday, reaching $59.87. The company had a trading volume of 1,672 shares, compared to its average volume of 6,086. The business’s 50 day moving average price is $75.00 and its 200 day moving average price is $84.87. Cargojet has a 1-year low of $58.00 and a 1-year high of $103.11.

About Cargojet

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.