Freightos Limited (NASDAQ:CRGOW) Short Interest Update

by · The Cerbat Gem

Freightos Limited (NASDAQ:CRGOW – Get Free Report) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,462 shares, a drop of 49.5% from the December 15th total of 6,858 shares. Based on an average daily volume of 18,076 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 18,076 shares, the short-interest ratio is currently 0.2 days.

Freightos Trading Up 52.9%

Shares of NASDAQ:CRGOW opened at $0.26 on Friday. The firm’s 50 day moving average price is $0.20 and its 200-day moving average price is $0.23. Freightos has a twelve month low of $0.11 and a twelve month high of $0.45.

Freightos Company Profile

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Freightos (NASDAQ:CRGOW) is a technology-driven logistics company that provides a digital booking platform for international freight shipping. Founded in 2012, the firm has developed an online marketplace that connects shippers, freight forwarders and carriers, enabling real-time comparison of rates and automated booking processes across air, ocean and trucking services. Freightos aims to simplify the complex and traditionally manual freight industry by bringing transparency and efficiency to global trade.

The company’s core offerings include a cloud-based Rate Management Platform (RMP) that allows logistics providers to manage freight contracts and automate quoting, as well as Freightos Marketplace, where shippers can obtain instant freight quotes and secure capacity with a few clicks.

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