Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Declines By 25.3%

Cargojet Inc. (OTCMKTS:CGJTF) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 389,600 shares, a decrease of 25.3% from the September 15th total of 521,300 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 278.3 days.

Cargojet Stock Performance

Shares of CGJTF stock remained flat at $99.03 on Friday. The company had a trading volume of 999 shares, compared to its average volume of 3,821. The business has a 50 day moving average of $95.78 and a two-hundred day moving average of $91.58. Cargojet has a 52-week low of $57.06 and a 52-week high of $103.11.

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.