Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Decreases By 23.7%

Cargojet Inc. (OTCMKTS:CGJTF) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 494,500 shares, a decline of 23.7% from the January 31st total of 648,200 shares. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is presently 88.3 days.

Cargojet Stock Down 7.3 %

OTCMKTS:CGJTF opened at $64.07 on Tuesday. Cargojet has a 1 year low of $64.07 and a 1 year high of $103.11. The stock’s 50 day simple moving average is $77.74 and its two-hundred day simple moving average is $87.33.

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.