Freightos Limited (NASDAQ:CRGO) Short Interest Up 90.9% in August

Posted by on Aug 30th, 2026

Freightos Limited (NASDAQ:CRGO – Get Free Report) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 137,799 shares, a growth of 90.9% from the July 30th total of 72,191 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 39,356 shares, the short-interest ratio is presently 3.5 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Freightos in a research note on Friday, July 17th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $3.00.

Check Out Our Latest Research Report on Freightos

Freightos Stock Performance

CRGO stock traded up $0.01 during midday trading on Friday, reaching $1.31. 24,154 shares of the company were exchanged, compared to its average volume of 411,712. Freightos has a one year low of $1.14 and a one year high of $4.24. The firm has a market capitalization of $67.31 million, a price-to-earnings ratio of -3.97 and a beta of 0.36. The business has a 50-day moving average price of $1.32 and a two-hundred day moving average price of $1.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.88 and a quick ratio of 1.88.

Freightos (NASDAQ:CRGO – Get Free Report) last announced its earnings results on Monday, August 17th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. Freightos had a negative net margin of 56.24% and a negative return on equity of 41.63%. The business had revenue of $7.69 million during the quarter, compared to the consensus estimate of $7.32 million.

Institutional Investors Weigh In On Freightos

A number of institutional investors have recently made changes to their positions in CRGO. Balyasny Asset Management L.P. acquired a new stake in Freightos during the 4th quarter worth approximately $57,000. Jane Street Group LLC acquired a new position in Freightos in the 4th quarter valued at $95,000. Goldman Sachs Group Inc. bought a new position in Freightos during the 4th quarter worth $114,000. Millennium Management LLC increased its position in Freightos by 116.5% during the 3rd quarter. Millennium Management LLC now owns 30,711 shares of the company’s stock worth $101,000 after buying an additional 16,525 shares during the period. Finally, Ancora Advisors LLC bought a new position in Freightos during the 3rd quarter worth $147,000. Institutional investors own 22.72% of the company’s stock.

Freightos Company Profile

(Get Free Report)

Freightos, trading under the symbol CRGO on Nasdaq, operates a digital booking platform designed to streamline international freight logistics. The company’s core offering, the Freightos Marketplace, allows shippers and freight forwarders to compare and book air, ocean and trucking services online, providing rate transparency and live booking capabilities. By aggregating quotes from a global network of carriers and forwarders, Freightos enables customers to secure competitive prices and manage bookings through a single interface.

In addition to its marketplace, Freightos offers a suite of SaaS solutions for logistics professionals.

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