Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,400 shares, a growth of 78.9% from the March 15th total of 1,900 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are short sold.
Pacific Basin Shipping Stock Performance
Shares of OTCMKTS PCFBY traded down $0.15 during midday trading on Wednesday, reaching $4.20. The company's stock had a trading volume of 112 shares, compared to its average volume of 8,476. Pacific Basin Shipping has a one year low of $3.39 and a one year high of $7.50. The company has a 50 day moving average price of $4.23 and a 200 day moving average price of $4.64. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.13.
About Pacific Basin Shipping
(
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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.
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