Cai International Incorporated (NYSE:CAI) Just Reported Increased Shorts

September 17, 2017 - By Dolores Ford

 Cai International Incorporated (NYSE:CAI) Just Reported Increased Shorts

The stock of Cai International Incorporated (NYSE:CAI) registered an increase of 20.14% in short interest. CAI’s total short interest was 268,400 shares in September as published by FINRA. Its up 20.14% from 223,400 shares, reported previously. With 221,100 shares average volume, it will take short sellers 1 days to cover their CAI’s short positions.

The stock increased 2.08% or $0.57 on September 15, reaching $27.99. About 422,659 shares traded or 94.15% up from the average. CAI International Inc (NYSE:CAI) has risen 166.86% since September 17, 2016 and is uptrending. It has outperformed by 150.16% the S&P500.

CAI International, Inc. is a transportation finance and logistics company. The company has market cap of $538.71 million. The Firm purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. It has a 41.93 P/E ratio. The Firm operates through three divisions: container leasing, rail leasing and logistics.

CAI International Inc (NYSE:CAI) Ratings Coverage

Among 4 analysts covering CAI International (NYSE:CAI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. CAI International had 10 analyst reports since October 6, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, June 19 report. Cowen & Co maintained CAI International Inc (NYSE:CAI) on Friday, April 21 with “Market Perform” rating. Wood maintained the shares of CAI in report on Tuesday, October 6 with “Outperform” rating. Keefe Bruyette & Woods maintained CAI International Inc (NYSE:CAI) on Friday, July 14 with “Hold” rating. The firm has “Outperform” rating given on Friday, January 15 by Credit Suisse. The stock of CAI International Inc (NYSE:CAI) earned “Market Perform” rating by Keefe Bruyette & Woods on Friday, January 15.

Another recent and important CAI International Inc (NYSE:CAI) news was published by which published an article titled: “CAI International, Liberty Tax, Movado Group, China Telecom and Komatsu …” on September 11, 2017.

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