Freightos Limited (NASDAQ:CRGO) Short Interest Update

Freightos Limited (NASDAQ:CRGO - Get Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 88,000 shares, an increase of 27.7% from the December 15th total of 68,900 shares. Based on an average trading volume of 114,500 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the shares of the company are short sold.

Freightos Price Performance

Shares of CRGO traded up $0.34 during midday trading on Friday, hitting $3.92. 427,509 shares of the company traded hands, compared to its average volume of 91,402. The firm has a market cap of $193.49 million, a P/E ratio of -11.53 and a beta of -0.26. Freightos has a one year low of $1.27 and a one year high of $4.08. The stock has a 50-day moving average of $2.54 and a 200-day moving average of $1.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.90 and a quick ratio of 2.90.

About Freightos

Freightos Limited, together with its subsidiaries, operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company also offers software-as-a-service solutions, such as WebCargo Air for airline rates and ebookings; WebCargo AcceleRate, a multi-modal rate repository; data services; and WebCargo Airline Control Panel that enables airlines to control bookings and optimize pricing with real-time booking analytics.

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