Short Interest in Cargojet Inc. (OTCMKTS:CGJTF) Decreases By 21.3%

Cargojet Inc. (OTCMKTS:CGJTF) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 323,700 shares, a decline of 21.3% from the February 28th total of 411,300 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is currently 59.9 days.

Cargojet Price Performance

Shares of CGJTF opened at $60.44 on Monday. Cargojet has a 52 week low of $58.00 and a 52 week high of $103.11. The company’s 50 day moving average price is $72.00 and its 200 day moving average price is $83.04.

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.