Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Short Interest Update

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) saw a significant growth in short interest in August. As of August 15th, there was short interest totaling 21,400 shares, agrowthof40.8% from the July 31st total of 15,200 shares. Based on an average daily trading volume, of 58,900 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 58,900 shares, the short-interest ratio is presently 0.4 days.

Global Crossing Airlines Group Stock Down 0.5%

JETMF traded down $0.00 during mid-day trading on Monday, reaching $0.66. 8,958 shares of the company traded hands, compared to its average volume of 58,504. The stock has a market capitalization of $42.31 million, a P/E ratio of -8.20 and a beta of 0.57. Global Crossing Airlines Group has a 52-week low of $0.40 and a 52-week high of $0.81. The company’s fifty day moving average price is $0.61 and its 200-day moving average price is $0.63.

Global Crossing Airlines Group (OTCMKTS:JETMF) last released its quarterly earnings results on Wednesday, August 13th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.02. The firm had revenue of $62.04 million during the quarter, compared to analysts’ expectations of $61.24 million.

About Global Crossing Airlines Group

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.