Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Decreases By 23.7%

Cargojet Inc. (OTCMKTS:CGJTF) was the target of a significant 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 trading volume, of 5,600 shares, the short-interest ratio is presently 88.3 days.

Cargojet Stock Up 1.8 %

Cargojet stock opened at $65.18 on Thursday. Cargojet has a fifty-two week low of $61.89 and a fifty-two week high of $103.11. The stock’s 50 day simple moving average is $77.45 and its two-hundred day simple moving average is $86.99.

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.