Cargojet Inc. (OTCMKTS:CGJTF) Short Interest Up 10.6% in January

Cargojet Inc. (OTCMKTS:CGJTF) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 648,200 shares, an increase of 10.6% from the January 15th total of 586,000 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is presently 132.3 days.

Cargojet Stock Performance

CGJTF traded down $2.48 during midday trading on Friday, reaching $76.59. 419 shares of the company’s stock were exchanged, compared to its average volume of 5,529. The business’s 50-day moving average price is $79.03 and its 200 day moving average price is $89.03. Cargojet has a 1-year low of $66.11 and a 1-year high of $103.11.

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.