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

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

Global Crossing Airlines Group Price Performance

JETMF opened at $0.64 on Wednesday. Global Crossing Airlines Group has a fifty-two week low of $0.40 and a fifty-two week high of $0.73. The company has a market capitalization of $38.84 million, a P/E ratio of -2.76 and a beta of 19.21. The firm’s fifty day moving average price is $0.49 and its two-hundred day moving average price is $0.53.

Global Crossing Airlines Group (OTCMKTS:JETMF) last posted its earnings results on Wednesday, November 6th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $52.44 million for the quarter.

Global Crossing Airlines Group Company Profile

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.