Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) Short Interest Up 78.6% in May

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 13,197 shares, a growth of 78.6% from the May 14th total of 7,389 shares. Based on an average daily trading volume, of 25,568 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.

Roadrunner Transportation Systems Stock Down 0.8%

Roadrunner Transportation Systems stock opened at $5.19 on Wednesday. Roadrunner Transportation Systems has a 52-week low of $1.64 and a 52-week high of $5.46. The company has a fifty day simple moving average of $3.83 and a 200-day simple moving average of $3.10.

Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc (OTCMKTS:RRTS) is a U.S.-based transportation and logistics provider specializing in less-than-truckload (LTL) freight brokerage and multi-modal logistics services. Operating as a non-asset-based carrier, the company leverages an extensive network of third-party carriers and service centers to offer flexible shipping solutions tailored to shippers of all sizes. Its core offerings include LTL brokerage, intermodal drayage, cross-border freight between the United States, Mexico and Canada, and dedicated truckload services.

Since its founding in 1985, Roadrunner has built a network model that connects shippers with capacity across North America, focusing on efficient hub-and-spoke consolidation and rapid shipment delivery.