Short Interest in Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) Grows By 92.4%

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 14,264 shares, a growth of 92.4% from the August 15th total of 7,413 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,653 shares, the short-interest ratio is presently 3.9 days.

Roadrunner Transportation Systems Stock Performance

RRTS stock opened at $2.76 on Tuesday. The firm’s 50-day moving average price is $4.16 and its two-hundred day moving average price is $3.83. Roadrunner Transportation Systems has a 12-month low of $1.64 and a 12-month high of $5.47.

About Roadrunner Transportation Systems

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) is a U.S.-based transportation and logistics provider specializing in less-than-truckload (LTL) freight brokerage and multi-modal logistics services. Operating as a non-asset-based carrier, the company leverages an extensive network of third-party carriers and service centers to offer flexible shipping solutions tailored to shippers of all sizes. Its core offerings include LTL brokerage, intermodal drayage, cross-border freight between the United States, Mexico and Canada, and dedicated truckload services.

Since its founding in 1985, Roadrunner has built a network model that connects shippers with capacity across North America, focusing on efficient hub-and-spoke consolidation and rapid shipment delivery.