Short Interest in Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) Rises By 17.3%

Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTSGet Free Report) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 9,500 shares, a growth 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 RRTS remained flat at $2.15 on Friday. 2,487 shares of the company were exchanged, compared to its average volume of 7,230. Roadrunner Transportation Systems has a one year low of $0.97 and a one year high of $2.67. The company’s 50-day moving average price is $1.45 and its 200 day moving average price is $1.35.

About Roadrunner Transportation Systems

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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.

Further Reading

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