Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Sees Significant Decline in Short Interest

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 10,700 shares, a drop of 30.5% from the January 31st total of 15,400 shares. Based on an average daily volume of 194,700 shares, the short-interest ratio is presently 0.1 days.

Global Crossing Airlines Group Stock Performance

Shares of JETMF stock traded down $0.04 on Wednesday, reaching $0.70. The stock had a trading volume of 27,154 shares, compared to its average volume of 73,062. Global Crossing Airlines Group has a 1 year low of $0.40 and a 1 year high of $0.81. The stock has a market cap of $42.88 million, a P/E ratio of -3.05 and a beta of 18.89. The company has a 50 day simple moving average of $0.62 and a 200 day simple moving average of $0.56.

Global Crossing Airlines Group Company Profile

Global Crossing Airlines Group Inc operates in the airline business in the United States, Europe, Canada, and Central and South America. The company operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. It offers aircraft, crew, maintenance, and insurance services using wet lease contracts to airlines and non-airlines; and passenger aircraft charter services.