Cargojet Inc. (OTCMKTS:CGJTF) Short Interest Up 17.1% in December

Cargojet Inc. (OTCMKTS:CGJTF) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 370,200 shares, an increase of 17.1% from the November 30th total of 316,100 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is currently 161.0 days.

Cargojet Stock Performance

Shares of OTCMKTS:CGJTF traded up $4.89 during mid-day trading on Monday, reaching $71.00. 30 shares of the company were exchanged, compared to its average volume of 3,343. Cargojet has a 1 year low of $66.11 and a 1 year high of $103.11. The firm’s 50-day simple moving average is $86.48 and its 200 day simple moving average is $92.88.

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.