Short Interest in Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) Expands By 115.0%

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 8,600 shares, an increase of 115.0% from the February 29th total of 4,000 shares. Based on an average trading volume of 64,400 shares, the days-to-cover ratio is currently 0.1 days.

Global Crossing Airlines Group Price Performance

Shares of Global Crossing Airlines Group stock remained flat at $0.50 on Thursday. The stock had a trading volume of 116,086 shares, compared to its average volume of 36,535. Global Crossing Airlines Group has a one year low of $0.45 and a one year high of $1.10. The firm’s 50 day moving average is $0.54 and its 200-day moving average is $0.63. The firm has a market cap of $29.64 million, a P/E ratio of -1.39 and a beta of 18.87.

Global Crossing Airlines Group (OTCMKTS:JETMF) last released its quarterly earnings data on Thursday, March 7th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $53.92 million during 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.