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Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,500 shares, a growth of 150.0% from the January 31st total of 600 shares. Based on an average trading volume of 30,000 shares, the days-to-cover ratio is presently 0.1 days.
Pacific Basin Shipping Stock Down 5.2 %
Shares of OTCMKTS PCFBY opened at $3.85 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.70. The stock’s 50-day simple moving average is $4.23 and its two-hundred day simple moving average is $4.93. Pacific Basin Shipping has a twelve month low of $3.39 and a twelve month high of $7.50.
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.
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