Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 2,500 shares, an increase of 38.9% from the June 30th total of 1,800 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 8.3 days.
Pacific Basin Shipping Trading Down 1.9 %
Shares of OTCMKTS PCFBY traded down $0.11 during trading on Monday, reaching $5.67. 6,246 shares of the stock were exchanged, compared to its average volume of 4,763. The business’s 50-day moving average price is $6.50 and its 200 day moving average price is $6.19. Pacific Basin Shipping has a twelve month low of $5.10 and a twelve month high of $7.50.
About Pacific Basin Shipping
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