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

Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTSGet Free Report) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 122,200 shares, an increase of 225.9% from the January 31st total of 37,500 shares. Based on an average daily volume of 36,600 shares, the short-interest ratio is presently 3.3 days.

Roadrunner Transportation Systems Stock Up 6.6 %

OTCMKTS:RRTS traded up $0.33 on Friday, hitting $5.30. The stock had a trading volume of 5,718 shares, compared to its average volume of 16,764. Roadrunner Transportation Systems has a 52 week low of $0.97 and a 52 week high of $7.22. The business’s fifty day moving average is $3.78 and its 200 day moving average is $2.25.

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.

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