Short Interest in Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Increases By 2,720.0%

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 14,100 shares, an increase of 2,720.0% from the December 31st total of 500 shares. Based on an average daily volume of 77,300 shares, the days-to-cover ratio is presently 0.2 days.

Global Crossing Airlines Group Trading Up 10.3 %

Shares of OTCMKTS JETMF traded up $0.06 during mid-day trading on Tuesday, hitting $0.65. The company had a trading volume of 130,738 shares, compared to its average volume of 30,772. The company has a market capitalization of $40.05 million, a price-to-earnings ratio of -2.85 and a beta of 19.21. Global Crossing Airlines Group has a 1 year low of $0.40 and a 1 year high of $0.73. The stock’s 50-day moving average price is $0.48 and its 200-day moving average price is $0.53.

Global Crossing Airlines Group (OTCMKTS:JETMF) last posted its earnings results on Wednesday, November 6th. The company reported ($0.08) earnings per share for the quarter. The business had revenue of $52.44 million during the quarter.

Global Crossing Airlines Group Company Profile

Global Crossing Airlines Group Inc operates in the airline business in the United States, Europe, Canada, and Central and South America. The company operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. It offers aircraft, crew, maintenance, and insurance services using wet lease contracts to airlines and non-airlines; and passenger aircraft charter services.