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Landstar System faces increased short interest and misses earnings estimates despite a high market cap.
Landstar System, Inc. saw a 43.9% increase in short interest in January, reaching 865,900 shares.
The company reported quarterly earnings of $1.31 per share, missing estimates by $0.04.
Landstar has a market cap of $5.72 billion and a dividend yield of 0.89%.
Several institutional investors have recently adjusted their holdings in the company, which offers transportation management solutions.
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Landstar System se enfrenta a un aumento del interés corto y pierde las estimaciones de ganancias a pesar de un alto tope del mercado.