Cargojet Inc. (OTCMKTS:CGJTF) Short Interest Down 23.7% in February

Cargojet Inc. (OTCMKTS:CGJTF) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 494,500 shares, a drop of 23.7% from the January 31st total of 648,200 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 88.3 days.

Cargojet Price Performance

Shares of CGJTF opened at $64.07 on Tuesday. The business’s 50 day moving average is $77.74 and its 200 day moving average is $87.33. Cargojet has a 12-month low of $64.07 and a 12-month 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.