Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Drops By 6.0%

Cargojet Inc. (OTCMKTS:CGJTF) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 319,200 shares, a decline of 6.0% from the October 15th total of 339,700 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 399.0 days.

Cargojet Stock Performance

Cargojet stock opened at $90.41 on Monday. Cargojet has a 52-week low of $63.51 and a 52-week high of $103.11. The business has a 50-day simple moving average of $97.08 and a two-hundred day simple moving average of $93.89.

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.