Pacific Basin Shipping Limited (OTCMKTS:PCFBF) Short Interest Update

Pacific Basin Shipping Limited (OTCMKTS:PCFBF) saw a large drop in short interest in November. As of November 30th, there was short interest totalling 703,200 shares, a drop of 18.1% from the November 15th total of 859,100 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 1,172.0 days.

Pacific Basin Shipping Price Performance

OTCMKTS PCFBF remained flat at $0.21 during trading hours on Friday. Pacific Basin Shipping has a 52-week low of $0.21 and a 52-week high of $0.38. The business’s 50 day moving average is $0.25 and its two-hundred day moving average is $0.28.

About Pacific Basin Shipping

Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap.