Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) Sees Large Growth in Short Interest

Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 9,500 shares, an increase of 17.3% from the November 15th total of 8,100 shares. Based on an average trading volume of 62,400 shares, the days-to-cover ratio is presently 0.2 days.

Roadrunner Transportation Systems Stock Performance

Shares of OTCMKTS RRTS remained flat at $2.15 during trading on Friday. 2,487 shares of the stock were exchanged, compared to its average volume of 7,230. The business’s fifty day moving average price is $1.45 and its 200-day moving average price is $1.35. Roadrunner Transportation Systems has a twelve month low of $0.97 and a twelve month high of $2.67.

Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. It operates through four segments: Ascent Transportation Management (Ascent TM), Ascent On-Demand (Ascent OD), Less-than-Truckload (LTL), and Truckload (TL). The company offers domestic freight management solutions, including asset-backed truckload brokerage, specialized/heavy haul, LTL shipment execution, LTL carrier rate negotiations, access to its transportation management system, and freight audit/payment.