Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS – Get Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 13,197 shares, an increase of 78.6% from the May 14th total of 7,389 shares. Based on an average daily volume of 25,568 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are sold short.
Roadrunner Transportation Systems Stock Performance
Shares of RRTS stock traded up $0.23 on Monday, reaching $5.23. The company had a trading volume of 2,663 shares, compared to its average volume of 8,426. The company has a 50-day moving average of $3.72 and a 200-day moving average of $3.05. Roadrunner Transportation Systems has a 12 month low of $1.64 and a 12 month high of $5.46.
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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