Radiant Logistics Short Interest Drops 19.4% in February

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Radiant Logistics, Inc. (NYSEAMERICAN:RLGT), a third-party logistics provider, saw a significant 19.4% drop in short interest during the month of February. As of February 27th, the company had 404,857 shares shorted, down from 502,218 shares on February 12th. This represents approximately 1.1% of Radiant Logistics' total outstanding shares, with a days-to-cover ratio of 2.3 days based on the stock's average daily trading volume.

Why it matters

The decline in short interest for Radiant Logistics could indicate increased investor confidence in the company's performance and outlook, despite broader market volatility. Short selling activity is often seen as a bearish indicator, so this drop may suggest that some investors are becoming more bullish on the logistics firm's prospects.

The details

Radiant Logistics is a third-party logistics provider that offers freight brokerage, managed transportation, contract logistics, and supply chain solutions. The company arranges full-truckload, less-than-truckload, intermodal, ocean, and air freight services across North America, Europe, and the Asia-Pacific region.

• As of February 27th, 2026, Radiant Logistics had 404,857 shares shorted.
• On February 12th, 2026, Radiant Logistics had 502,218 shares shorted.