Pacific Basin Shipping Limited (OTCMKTS:PCFBY) Short Interest Update

Pacific Basin Shipping Limited (OTCMKTS:PCFBY) was the recipient 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 Price Performance

OTCMKTS:PCFBY traded down $0.21 during trading hours on Friday, reaching $3.85. 590 shares of the stock were exchanged, compared to its average volume of 12,992. Pacific Basin Shipping has a 52 week low of $3.39 and a 52 week high of $7.50. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.13. The firm has a 50 day simple moving average of $4.23 and a 200-day simple moving average of $4.93.

About Pacific Basin Shipping

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.