Cargojet Inc. (OTCMKTS:CGJTF) Short Interest Up 33.6% in December

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

Cargojet Stock Performance

CGJTF stock traded up $1.18 during mid-day trading on Friday, reaching $84.89. The company had a trading volume of 11,979 shares, compared to its average volume of 8,797. Cargojet has a one year low of $66.11 and a one year high of $103.11. The stock’s 50-day simple moving average is $81.67 and its two-hundred day simple moving average is $91.21.

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.