Short Interest in Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Drops By 21.8%

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF – Get Rating) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 11,100 shares, a decrease of 21.8% from the March 15th total of 14,200 shares. Based on an average daily volume of 41,000 shares, the days-to-cover ratio is presently 0.3 days.

Shares of JETMF opened at $1.08 on Monday. The stock has a 50 day moving average price of $1.17 and a 200 day moving average price of $1.42. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $55.34 million, a price-to-earnings ratio of -2.84 and a beta of 24.71. Global Crossing Airlines Group has a 52-week low of $1.00 and a 52-week high of $3.17.

About Global Crossing Airlines Group (Get Rating)

Global Crossing Airlines Group Inc operates in the airline business. It focuses to fly as an aircraft, crew, maintenance, and insurance (ACMI) and wet lease charter airline serving the United States, the Caribbean, and Latin American markets. The company is based in Miami, Florida.

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