Freightos Limited (NASDAQ:CRGOW – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 7,027 shares, an increase of 80.8% from the September 15th total of 3,886 shares. Based on an average trading volume of 30,269 shares, the days-to-cover ratio is presently 0.2 days.
Freightos Stock Up 0.8%
CRGOW stock opened at $0.02 on Thursday. The company has a 50 day moving average price of $0.03 and a two-hundred day moving average price of $0.07. Freightos has a one year low of $0.02 and a one year high of $0.38.
Freightos Company Profile
Freightos Ltd. (NASDAQ: CRGO) operates a digital platform for international freight transportation. Its technology connects freight buyers, carriers, forwarders and other logistics providers, helping businesses compare shipping options, obtain quotes and manage bookings online.
The company’s products include Freightos.com, a digital marketplace for freight bookings, and WebCargo, a platform used by freight forwarders and airlines to distribute and purchase air cargo capacity. Freightos also publishes the Freightos Baltic Index, a widely followed set of indices that tracks container shipping rates on major global trade lanes.
Freightos serves participants in international logistics across global shipping markets, including air and ocean freight.
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