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

Pacific Basin Shipping Limited (OTCMKTS:PCFBY) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 700 shares, an increase of 600.0% from the October 31st total of 100 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 0.3 days.

Pacific Basin Shipping Trading Down 1.0 %

Shares of PCFBY stock traded down $0.05 on Friday, hitting $4.92. 5,673 shares of the stock traded hands, compared to its average volume of 1,738. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.13. Pacific Basin Shipping has a twelve month low of $4.50 and a twelve month high of $7.50. The firm’s 50-day moving average price is $5.51 and its two-hundred day moving average price is $5.88.

Pacific Basin Shipping Company Profile

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.