Cargojet Inc. (OTCMKTS:CGJTF) Sees Large Decrease in Short Interest

Cargojet Inc. (OTCMKTS:CGJTF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 411,300 shares, a decline of 16.8% from the February 13th total of 494,500 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is currently 38.4 days.

Cargojet Price Performance

Cargojet stock opened at $59.87 on Thursday. The firm has a 50-day moving average price of $74.62 and a two-hundred day moving average price of $84.70. Cargojet has a 52-week low of $58.00 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.