Cargojet Inc. (OTCMKTS:CGJTF) Sees Significant Increase in Short Interest

Cargojet Inc. (OTCMKTS:CGJTF) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 370,200 shares, a growth of 17.1% from the November 30th total of 316,100 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is presently 161.0 days.

Cargojet Stock Performance

Shares of CGJTF stock traded up $4.17 on Friday, reaching $70.28. The stock had a trading volume of 1 shares, compared to its average volume of 3,372. Cargojet has a 1 year low of $66.11 and a 1 year high of $103.11. The company has a 50 day simple moving average of $87.07 and a 200 day simple moving average of $93.01.

Cargojet Company Profile

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.