Short Interest in Janel World Trade Ltd. (OTCMKTS:JANL) Rises By 62.4%

Janel World Trade Ltd. (OTCMKTS:JANL) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 138 shares, an increase of 62.4% from the July 30th total of 85 shares. Based on an average trading volume of 349 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are short sold.

Janel World Trade Stock Performance

JANL stock opened at $51.98 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.74 and a current ratio of 0.79. The stock has a market cap of $61.86 million, a P/E ratio of 11.50 and a beta of -0.35. The firm has a 50 day simple moving average of $50.53 and a 200 day simple moving average of $49.94. Janel World Trade has a 52 week low of $21.00 and a 52 week high of $58.00.

Janel World Trade (OTCMKTS:JANL) last released its quarterly earnings data on Friday, August 7th. The company reported $1.63 earnings per share for the quarter. Janel World Trade had a net margin of 2.49% and a return on equity of 19.90%. The firm had revenue of $67.51 million for the quarter.

About Janel World Trade

Janel Corporation, through its subsidiaries, provides logistics services worldwide. It operates through three segments: Logistics, Life Sciences, and Manufacturing. The Logistics segment provides cargo transportation logistics management services, including freight forwarding by air, ocean, and land-based carriers; customs brokerage services; warehousing and distribution services; and other value added logistic services, as well as customs entry filing, cargo insurance procurement, logistics planning, product repackaging, and online shipment tracking services.