Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS – Get Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 14,264 shares, an increase of 92.4% from the August 15th total of 7,413 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,653 shares, the days-to-cover ratio is currently 3.9 days.
Roadrunner Transportation Systems Stock Down 4.5%
Shares of RRTS stock opened at $2.76 on Tuesday. The stock has a fifty day moving average of $4.16 and a 200 day moving average of $3.83. Roadrunner Transportation Systems has a 52 week low of $1.64 and a 52 week high of $5.47.
About Roadrunner Transportation Systems
Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) is a U.S.-based transportation and logistics provider specializing in less-than-truckload (LTL) freight brokerage and multi-modal logistics services. Operating as a non-asset-based carrier, the company leverages an extensive network of third-party carriers and service centers to offer flexible shipping solutions tailored to shippers of all sizes. Its core offerings include LTL brokerage, intermodal drayage, cross-border freight between the United States, Mexico and Canada, and dedicated truckload services.
Since its founding in 1985, Roadrunner has built a network model that connects shippers with capacity across North America, focusing on efficient hub-and-spoke consolidation and rapid shipment delivery.
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