Freightos Limited (NASDAQ:CRGOW) Short Interest Up 2,141.6% in April

Freightos Limited (NASDAQ:CRGOW) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,264 shares, an increase of 2,141.6% from the April 15th total of 101 shares. Based on an average trading volume of 23,399 shares, the short-interest ratio is currently 0.1 days.

Freightos Stock Up 3.2%

CRGOW stock traded up $0.00 during mid-day trading on Monday, reaching $0.11. The company’s stock had a trading volume of 6,700 shares, compared to its average volume of 29,456. Freightos has a fifty-two week low of $0.08 and a fifty-two week high of $0.40. The company’s 50 day moving average is $0.16 and its two-hundred day moving average is $0.20.

About Freightos

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.