Short Interest in Janel World Trade Ltd. (OTCMKTS:JANL) Rises By 62.4%

Janel World Trade Ltd. (OTCMKTS:JANL) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 138 shares, a growth of 62.4% from the July 30th total of 85 shares. Based on an average daily volume of 349 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Janel World Trade Stock Performance

JANL remained flat at $51.98 during trading hours on Tuesday. The company had a trading volume of 30 shares, compared to its average volume of 114. Janel World Trade has a 12-month low of $21.00 and a 12-month high of $58.00. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $61.86 million, a price-to-earnings ratio of 11.50 and a beta of -0.30. The business’s fifty day moving average is $50.39 and its 200-day moving average is $49.95.

Janel World Trade (OTCMKTS:JANL) last issued its quarterly earnings data on Friday, August 7th. The company reported $1.63 earnings per share for the quarter. The business had revenue of $67.51 million for the quarter. Janel World Trade had a net margin of 2.49% and a return on equity of 19.90%.

About Janel World Trade

Janel Corporation, through its subsidiaries, provides logistics services worldwide. It operates through three segments: Logistics, Life Sciences, and Manufacturing. The Logistics segment provides cargo transportation logistics management services, including freight forwarding by air, ocean, and land-based carriers; customs brokerage services; warehousing and distribution services; and other value added logistic services, as well as customs entry filing, cargo insurance procurement, logistics planning, product repackaging, and online shipment tracking services.