Short Interest in Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Expands By 119.9%

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 252,617 shares, a growth of 119.9% from the November 30th total of 114,875 shares. Based on an average daily volume of 119,689 shares, the short-interest ratio is currently 2.1 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 119,689 shares, the short-interest ratio is currently 2.1 days.

Global Crossing Airlines Group Price Performance

Shares of OTCMKTS JETMF opened at $0.62 on Friday. The stock has a market cap of $40.71 million, a PE ratio of -20.75 and a beta of 0.57. Global Crossing Airlines Group has a 1 year low of $0.40 and a 1 year high of $0.87. The firm has a fifty day moving average price of $0.66 and a 200-day moving average price of $0.64.

Global Crossing Airlines Group Company Profile

Global Crossing Airlines Group (OTCMKTS: JETMF) is an aviation holding company whose principal subsidiary, GlobalX Airlines, provides passenger charter, scheduled and ACMI (aircraft, crew, maintenance and insurance) services. The company operates a fleet of narrow-body aircraft, primarily Airbus A320‐family jets, configured to support leisure and charter markets, air-bridge operations and ad hoc charters.

The company’s main business activities include on-demand charter flights for tour operators, cruise lines and corporate clients, as well as scheduled service linking key U.S.