Pacific Basin Shipping Limited (OTCMKTS:PCFBF – Get Free Report) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 104,300 shares, a drop of 26.7% from the February 13th total of 142,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Pacific Basin Shipping Stock Performance
Pacific Basin Shipping stock remained flat at $0.21 during midday trading on Friday. The company’s 50 day moving average is $0.19 and its two-hundred day moving average is $0.23. Pacific Basin Shipping has a 52-week low of $0.18 and a 52-week high of $0.38.
About Pacific Basin Shipping
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