Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Decreases By 16.8%

Cargojet Inc. (OTCMKTS:CGJTF) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 411,300 shares, a decline of 16.8% from the February 13th total of 494,500 shares. Based on an average trading volume of 10,700 shares, the days-to-cover ratio is currently 38.4 days.

Cargojet Stock Performance

Shares of CGJTF stock opened at $61.17 on Tuesday. The business has a 50-day moving average of $75.39 and a 200 day moving average of $85.12. Cargojet has a 1-year low of $58.00 and a 1-year high of $103.11.

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.