MPC Container Ships ASA (OTCMKTS:MPZZF) Short Interest Update

MPC Container Ships ASA (OTCMKTS:MPZZF) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 192,200 shares, a decrease of 32.3% from the December 15th total of 283,800 shares. Based on an average trading volume of 57,500 shares, the days-to-cover ratio is presently 3.3 days.

MPC Container Ships ASA Price Performance

Shares of OTCMKTS:MPZZF traded down $0.07 during midday trading on Friday, hitting $1.60. 106,295 shares of the stock were exchanged, compared to its average volume of 26,590. MPC Container Ships ASA has a 52-week low of $1.03 and a 52-week high of $2.41. The business’s fifty day simple moving average is $1.93 and its two-hundred day simple moving average is $2.04.

MPC Container Ships ASA Company Profile

MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 126,943 twenty-foot equivalent units.