Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF – Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 14,100 shares, a growth of 2,720.0% from the December 15th total of 500 shares. Based on an average daily volume of 77,300 shares, the short-interest ratio is presently 0.2 days.

Global Crossing Airlines Group Stock Down 1.9 %

Shares of OTCMKTS JETMF traded down $0.01 during midday trading on Monday, hitting $0.51. The company had a trading volume of 22,502 shares, compared to its average volume of 49,750. Global Crossing Airlines Group has a twelve month low of $0.40 and a twelve month high of $0.73. The business has a 50-day simple moving average of $0.49 and a two-hundred day simple moving average of $0.53. The firm has a market capitalization of $30.89 million, a price-to-earnings ratio of -2.20 and a beta of 19.21.

About Global Crossing Airlines Group

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Global Crossing Airlines Group Inc operates in the airline business in the United States, Europe, Canada, and Central and South America. The company operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. It offers aircraft, crew, maintenance, and insurance services using wet lease contracts to airlines and non-airlines; and passenger aircraft charter services.

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