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

Pacific Basin Shipping Limited (OTCMKTS:PCFBF) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 176,700 shares, a drop of 67.0% from the January 15th total of 536,100 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 196.3 days.

Pacific Basin Shipping Price Performance

OTCMKTS:PCFBF remained flat at $0.18 during mid-day trading on Wednesday. Pacific Basin Shipping has a 1 year low of $0.18 and a 1 year high of $0.38. The business has a fifty day moving average price of $0.20 and a 200 day moving average price of $0.24.

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.