Janel World Trade Ltd. (OTCMKTS:JANL) Sees Large Drop in Short Interest

Janel World Trade Ltd. (OTCMKTS:JANL) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 33 shares, a decline of 73.2% from the September 15th total of 123 shares. Based on an average daily volume of 89 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Janel World Trade Stock Performance

Shares of JANL opened at $51.02 on Tuesday. Janel World Trade has a 12-month low of $21.00 and a 12-month high of $58.00. The firm has a market capitalization of $60.71 million, a price-to-earnings ratio of 11.29 and a beta of -0.37. The stock’s 50-day moving average price is $50.69 and its 200 day moving average price is $49.71. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 0.53.

Janel World Trade (OTCMKTS:JANL) last issued its earnings results on Friday, August 7th. The company reported $1.63 EPS for the quarter. The business had revenue of $67.51 million during the quarter. Janel World Trade had a return on equity of 19.90% and a net margin of 2.49%.

Janel World Trade Company Profile

Janel World Trade, Ltd. is a logistics and freight-forwarding company that helps businesses move goods through domestic and international supply chains. Its services generally include arranging transportation, coordinating shipments, and managing the documentation and regulatory requirements associated with global trade.

The company’s service offerings include air and ocean freight forwarding, customs brokerage, warehousing, distribution, and domestic transportation. These services are designed to support importers, exporters, and other commercial customers with the movement and delivery of products across different markets.

Janel World Trade has historically operated through the Janel Group and served customers involved in international commerce.