Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) Sees Large Increase in Short Interest

Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 9,700 shares, a growth of 31.1% from the December 15th total of 7,400 shares. Based on an average daily volume of 41,400 shares, the days-to-cover ratio is presently 0.2 days.

Roadrunner Transportation Systems Price Performance

Shares of Roadrunner Transportation Systems stock traded up $0.23 during trading hours on Friday, hitting $3.21. 11,224 shares of the company were exchanged, compared to its average volume of 10,839. Roadrunner Transportation Systems has a 1 year low of $0.97 and a 1 year high of $3.60. The business has a 50-day moving average of $2.16 and a 200-day moving average of $1.60.

Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. It operates through four segments: Ascent Transportation Management (Ascent TM), Ascent On-Demand (Ascent OD), Less-than-Truckload (LTL), and Truckload (TL). The company offers domestic freight management solutions, including asset-backed truckload brokerage, specialized/heavy haul, LTL shipment execution, LTL carrier rate negotiations, access to its transportation management system, and freight audit/payment.