Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Drops By 6.0%

Cargojet Inc. (OTCMKTS:CGJTFGet Free Report) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 319,200 shares, a decrease of 6.0% from the October 15th total of 339,700 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 399.0 days.

Cargojet Price Performance

Shares of OTCMKTS CGJTF opened at $90.41 on Monday. Cargojet has a 1 year low of $63.51 and a 1 year high of $103.11. The firm has a fifty day moving average price of $97.08 and a 200-day moving average price of $93.89.

About Cargojet

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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.

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