Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Grows By 33.6%

Cargojet Inc. (OTCMKTS:CGJTF) was the recipient of 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 currently 4,947.0 days.

Cargojet Price Performance

Shares of CGJTF traded up $1.30 during mid-day trading on Thursday, hitting $87.77. 4,666 shares of the company’s stock were exchanged, compared to its average volume of 6,614. Cargojet has a 52 week low of $66.11 and a 52 week high of $103.11. The company has a 50-day simple moving average of $80.51 and a 200 day simple moving average of $90.33.

Cargojet Company Profile

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.