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

by · The Cerbat Gem

Cargojet Inc. (OTCMKTS:CGJTF – Get Free Report) was the target of a significant 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 trading volume of 100 shares, the days-to-cover ratio is currently 4,947.0 days.

Cargojet Stock Up 1.4 %

Shares of CGJTF stock traded up $1.18 during mid-day trading on Friday, hitting $84.89. 11,979 shares of the stock traded hands, compared to its average volume of 8,797. The company’s 50-day simple moving average is $81.67 and its 200-day simple moving average is $91.21. Cargojet has a twelve month low of $66.11 and a twelve month high of $103.11.

About Cargojet

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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.

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