Janel World Trade Ltd. (OTCMKTS:JANL) Sees Large Decline in Short Interest

Janel World Trade Ltd. (OTCMKTS:JANL – Get Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 33 shares, a decrease of 73.2% from the September 15th total of 123 shares. Based on an average daily trading volume, of 89 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Janel World Trade Price Performance

JANL remained flat at $51.02 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.74 and a current ratio of 0.79. Janel World Trade has a 52-week low of $21.00 and a 52-week high of $58.00. The stock’s fifty day moving average price is $50.83 and its 200 day moving average price is $49.71. The stock has a market capitalization of $60.71 million, a price-to-earnings ratio of 11.29 and a beta of -0.37.

Janel World Trade (OTCMKTS:JANL – Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $1.63 earnings per share for the quarter. Janel World Trade had a return on equity of 19.90% and a net margin of 2.49%. The firm had revenue of $67.51 million for the quarter.

Janel World Trade Company Profile

(Get Free Report)

Janel World Trade, Ltd. is a logistics and freight-forwarding company that helps businesses move goods through domestic and international supply chains. Its services generally include arranging transportation, coordinating shipments, and managing the documentation and regulatory requirements associated with global trade.

The company’s service offerings include air and ocean freight forwarding, customs brokerage, warehousing, distribution, and domestic transportation. These services are designed to support importers, exporters, and other commercial customers with the movement and delivery of products across different markets.

Janel World Trade has historically operated through the Janel Group and served customers involved in international commerce.

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