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

Cargojet Inc. (OTCMKTS:CGJTF) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 494,700 shares, a growth of 33.6% from the December 31st total of 370,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 4,947.0 days.

Cargojet Stock Up 1.5 %

Cargojet stock traded up $1.30 during mid-day trading on Thursday, hitting $87.77. 4,666 shares of the stock were exchanged, compared to its average volume of 6,614. The firm’s fifty day simple moving average is $80.51 and its two-hundred day simple moving average is $90.33. Cargojet has a 12 month low of $66.11 and a 12 month 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.