Freightos Limited (NASDAQ:CRGOW) Sees Significant Increase in Short Interest

Freightos Limited (NASDAQ:CRGOW – Get Free Report) saw a large 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 short-interest ratio is currently 0.2 days.

Freightos Trading Down 3.5%

CRGOW traded down $0.00 during trading on Friday, reaching $0.02. The company’s stock had a trading volume of 3,633 shares, compared to its average volume of 38,943. The firm has a fifty day simple moving average of $0.03 and a two-hundred day simple moving average of $0.07. Freightos has a 1 year low of $0.02 and a 1 year high of $0.38.

Freightos Company Profile

(Get Free Report)

Freightos Ltd. operates a digital freight-booking platform that connects airlines, ocean carriers, freight forwarders and logistics providers with importers, exporters and other shipping customers. Its technology is designed to make international freight pricing, comparison and booking more accessible through online tools and automated data connections.

The company’s offerings include Freightos.com, a marketplace for comparing and booking freight services, and WebCargo, a platform used by freight forwarders to access carrier capacity, rates and booking functionality.

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