Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Short Interest Down 30.5% in February

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 10,700 shares, a decrease of 30.5% from the January 31st total of 15,400 shares. Based on an average trading volume of 194,700 shares, the days-to-cover ratio is presently 0.1 days.

Global Crossing Airlines Group Price Performance

Shares of JETMF traded down $0.04 during midday trading on Wednesday, reaching $0.70. The stock had a trading volume of 27,154 shares, compared to its average volume of 73,062. The company’s fifty day simple moving average is $0.62 and its two-hundred day simple moving average is $0.56. The company has a market cap of $42.88 million, a price-to-earnings ratio of -3.05 and a beta of 18.89. Global Crossing Airlines Group has a 1-year low of $0.40 and a 1-year high of $0.81.

Global Crossing Airlines Group Company Profile

Global Crossing Airlines Group Inc operates in the airline business in the United States, Europe, Canada, and Central and South America. The company operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. It offers aircraft, crew, maintenance, and insurance services using wet lease contracts to airlines and non-airlines; and passenger aircraft charter services.