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

Janel World Trade Ltd. (OTCMKTS:JANLGet Free Report) 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. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 349 shares, the short-interest ratio is presently 0.4 days.

Janel World Trade Stock Performance

Shares of JANL remained flat at $51.98 during mid-day trading on Monday. 40 shares of the stock traded hands, compared to its average volume of 114. The company has a fifty day moving average of $50.25 and a 200-day moving average of $49.95. 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 1-year low of $21.00 and a 1-year high of $58.00. The company has a market capitalization of $61.86 million, a P/E ratio of 11.50 and a beta of -0.30.

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

Janel World Trade Company Profile

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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.

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