Short Interest in Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) Expands By 31.1%

Roadrunner Transportation Systems, Inc. (OTCMKTS:RRTS) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 9,700 shares, a growth of 31.1% from the December 15th total of 7,400 shares. Based on an average daily trading volume, of 41,400 shares, the days-to-cover ratio is currently 0.2 days.

Roadrunner Transportation Systems Stock Performance

Shares of OTCMKTS:RRTS traded up $0.23 during trading hours on Friday, hitting $3.21. 11,224 shares of the company’s stock traded hands, compared to its average volume of 15,357. The company’s fifty day simple moving average is $2.20 and its two-hundred day simple moving average is $1.62. Roadrunner Transportation Systems has a 52 week low of $0.97 and a 52 week high of $3.60.

About Roadrunner Transportation Systems

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.