Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) Sees Large Increase in Short Interest

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 55,300 shares, an increase of 11.3% from the December 15th total of 49,700 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 32.5 days.

Dampskibsselskabet Norden A/S Trading Down 3.4 %

OTCMKTS:DPBSF opened at C$28.33 on Monday. The company’s fifty day moving average price is C$30.56 and its 200-day moving average price is C$36.20. Dampskibsselskabet Norden A/S has a 1-year low of C$28.33 and a 1-year high of C$54.19.

Dampskibsselskabet Norden A/S Company Profile

Dampskibsselskabet Norden A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide. The company operates through two segments: Assets & Logistics, and Freight Services & Trading. The Assets & Logistics segment owns and charters in long-term vessel capacity; and charters out its capacity of owned and long-term chartered tonnage to Freight Services & Trading.