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

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 14,100 shares, a growth of 2,720.0% from the December 15th total of 500 shares. Based on an average daily trading volume, of 77,300 shares, the short-interest ratio is presently 0.2 days.

Global Crossing Airlines Group Stock Down 1.9 %

Shares of JETMF stock traded down $0.01 during trading hours on Monday, hitting $0.51. 22,502 shares of the company’s stock traded hands, compared to its average volume of 49,750. The stock has a market cap of $30.89 million, a price-to-earnings ratio of -2.20 and a beta of 19.21. The stock’s fifty day simple moving average is $0.49 and its two-hundred day simple moving average is $0.53. Global Crossing Airlines Group has a 12-month low of $0.40 and a 12-month high of $0.73.

About Global Crossing Airlines Group

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.