Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Decreases By 25.3%

Cargojet Inc. (OTCMKTS:CGJTF) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 389,600 shares, a drop of 25.3% from the September 15th total of 521,300 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 278.3 days.

Cargojet Price Performance

Shares of CGJTF stock remained flat at $99.03 during trading hours on Monday. 999 shares of the company were exchanged, compared to its average volume of 3,821. Cargojet has a 1-year low of $57.06 and a 1-year high of $103.11. The company’s fifty day simple moving average is $95.78 and its 200-day simple moving average is $91.63.

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.