Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Drops By 12.8%

Cargojet Inc. (OTCMKTS:CGJTF) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 339,700 shares, a decline of 12.8% from the September 30th total of 389,600 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 242.6 days.

Cargojet Stock Performance

Shares of OTCMKTS CGJTF opened at $98.13 on Tuesday. Cargojet has a one year low of $62.22 and a one year high of $103.11. The business has a fifty day simple moving average of $96.81 and a 200 day simple moving average of $92.62.

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.