Freightos Limited (NASDAQ:CRGOW – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,363 shares, a growth of 80.3% from the May 31st total of 2,420 shares. Based on an average trading volume of 17,070 shares, the short-interest ratio is presently 0.3 days.
Freightos Price Performance
Shares of Freightos stock opened at $0.05 on Thursday. The firm has a 50-day moving average of $0.09 and a 200-day moving average of $0.15. Freightos has a 52-week low of $0.03 and a 52-week high of $0.40.
About Freightos
Freightos (NASDAQ:CRGOW) is a technology-driven logistics company that provides a digital booking platform for international freight shipping. Founded in 2012, the firm has developed an online marketplace that connects shippers, freight forwarders and carriers, enabling real-time comparison of rates and automated booking processes across air, ocean and trucking services. Freightos aims to simplify the complex and traditionally manual freight industry by bringing transparency and efficiency to global trade.
The company’s core offerings include a cloud-based Rate Management Platform (RMP) that allows logistics providers to manage freight contracts and automate quoting, as well as Freightos Marketplace, where shippers can obtain instant freight quotes and secure capacity with a few clicks.
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