Freightos Limited (NASDAQ:CRGOW) Stock Short Interest Jumps 291.1%

Freightos Limited (NASDAQ:CRGOW – Get Free Report) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 11,149 shares, a growth of 291.1% from the October 15th total of 2,851 shares. Based on an average daily trading volume, of 10,219 shares, the days-to-cover ratio is presently 1.1 days.

Freightos Trading Up 82.0%

CRGOW traded up $0.02 during trading on Friday, hitting $0.04. The company had a trading volume of 95,913 shares, compared to its average volume of 43,532. Freightos has a one year low of $0.02 and a one year high of $0.38. The firm’s 50-day moving average price is $0.03 and its 200 day moving average price is $0.09.

Freightos Company Profile

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Freightos Limited develops digital technology for the international freight industry. Its platforms help freight forwarders, airlines and shippers manage and book cargo transportation, with tools for comparing rates, checking capacity and arranging shipments. Its products include Freightos.com, an online marketplace for booking freight, and WebCargo, a platform used by freight forwarders and airlines to distribute rates and manage air-cargo bookings. Freightos also provides software designed to support freight pricing and operations.

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