Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) Sees Significant Growth in Short Interest

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 13,197 shares, an increase of 78.6% from the May 14th total of 7,389 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 25,568 shares, the short-interest ratio is currently 0.5 days.

Roadrunner Transportation Systems Stock Performance

Roadrunner Transportation Systems stock traded up $0.23 during trading hours on Monday, reaching $5.23. 2,663 shares of the company’s stock traded hands, compared to its average volume of 8,426. Roadrunner Transportation Systems has a fifty-two week low of $1.64 and a fifty-two week high of $5.46. The firm’s 50 day moving average is $3.72 and its 200-day moving average is $3.05.

About Roadrunner Transportation Systems

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) is a U.S.-based transportation and logistics provider specializing in less-than-truckload (LTL) freight brokerage and multi-modal logistics services. Operating as a non-asset-based carrier, the company leverages an extensive network of third-party carriers and service centers to offer flexible shipping solutions tailored to shippers of all sizes. Its core offerings include LTL brokerage, intermodal drayage, cross-border freight between the United States, Mexico and Canada, and dedicated truckload services.

Since its founding in 1985, Roadrunner has built a network model that connects shippers with capacity across North America, focusing on efficient hub-and-spoke consolidation and rapid shipment delivery.