Is Cai International Inc (NYSE:CAI)’s Fuel Running Low? Reports Show More Sellers

April 20, 2018 - By Migdalia James

CAI International, Inc. (NYSE:CAI) Logo

The stock of Cai International Inc (NYSE:CAI) registered an increase of 62.21% in short interest. CAI’s total short interest was 815,900 shares in April as published by FINRA. Its up 62.21% from 503,000 shares, reported previously. With 282,300 shares average volume, it will take short sellers 3 days to cover their CAI’s short positions. The short interest to Cai International Inc’s float is 4.27%.

The stock decreased 0.98% or $0.22 during the last trading session, reaching $22.23. About 216,941 shares traded. CAI International, Inc. (NYSE:CAI) has risen 37.07% since April 20, 2017 and is uptrending. It has outperformed by 25.52% the S&P500.

CAI International, Inc. operates as transportation finance and logistics firm in the United States and internationally. The company has market cap of $455.55 million. The firm operates through three divisions: Container Leasing, Rail Leasing, and Logistics. It has a 6.04 P/E ratio. It leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment.

CAI International, Inc. (NYSE:CAI) Institutional Positions Chart

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