Freightos Limited (NASDAQ:CRGOW) Short Interest Update

Freightos Limited (NASDAQ:CRGOW) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 3,900 shares, an increase of 290.0% from the March 31st total of 1,000 shares. Based on an average trading volume of 4,900 shares, the days-to-cover ratio is presently 0.8 days.

Freightos Stock Down 21.9 %

CRGOW stock traded down $0.03 during midday trading on Friday, reaching $0.12. 15,113 shares of the company were exchanged, compared to its average volume of 8,630. Freightos has a 1-year low of $0.03 and a 1-year high of $0.37. The stock’s 50-day simple moving average is $0.12 and its 200 day simple moving average is $0.10.

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.