Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) Sees Significant Drop in Short Interest

Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 7,400 shares, a drop of 22.1% from the November 30th total of 9,500 shares. Based on an average daily volume of 31,800 shares, the days-to-cover ratio is currently 0.2 days.

Roadrunner Transportation Systems Stock Performance

Shares of RRTS stock traded up $0.68 on Friday, reaching $3.00. The stock had a trading volume of 20,208 shares, compared to its average volume of 7,871. Roadrunner Transportation Systems has a 1 year low of $0.97 and a 1 year high of $3.36. The company has a 50 day simple moving average of $1.67 and a 200 day simple moving average of $1.43.

Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. It operates through four segments: Ascent Transportation Management (Ascent TM), Ascent On-Demand (Ascent OD), Less-than-Truckload (LTL), and Truckload (TL). The company offers domestic freight management solutions, including asset-backed truckload brokerage, specialized/heavy haul, LTL shipment execution, LTL carrier rate negotiations, access to its transportation management system, and freight audit/payment.