Euronav NV (NYSE:CMBT) Short Interest Down 8.3% in December

Euronav NV (NYSE:CMBT) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 299,200 shares, a decrease of 8.3% from the December 15th total of 326,400 shares. Based on an average daily volume of 107,700 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.2% of the company’s stock are sold short.

Euronav Stock Down 0.6 %

CMBT stock opened at $11.09 on Monday. The business has a 50 day moving average of $10.82. The stock has a market cap of $2.16 billion, a P/E ratio of 1.87 and a beta of -0.11. Euronav has a 12-month low of $8.59 and a 12-month high of $21.26. The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 1.91.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.