Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY) Short Interest Update

Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 118 shares, a decrease of 93.3% from the November 30th total of 1,755 shares. Based on an average daily trading volume, of 34,993 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 34,993 shares, the short-interest ratio is currently 0.0 days.

Pacific Basin Shipping Trading Up 1.9%

PCFBY traded up $0.11 during trading on Wednesday, hitting $5.97. The company’s stock had a trading volume of 175 shares, compared to its average volume of 17,884. The business’s 50 day simple moving average is $6.83 and its 200-day simple moving average is $6.01. Pacific Basin Shipping has a one year low of $3.39 and a one year high of $6.99. The company has a quick ratio of 1.18, a current ratio of 1.48 and a debt-to-equity ratio of 0.06.

Pacific Basin Shipping Company Profile

Pacific Basin Shipping Limited is a Hong Kong‐based dry bulk shipping company specializing in the transportation of raw materials such as coal, iron ore, grain, steel products and cement. The company operates a modern fleet of Handysize and Supramax vessels that range in size from approximately 25,000 to 63,000 deadweight tonnes, offering flexibility to serve both major bulk trades and smaller regional ports. Its core services include spot and period charters, tailored voyage planning, and cargo handling solutions designed to meet the logistical needs of commodity producers, traders and end‐users around the world.

Founded in the late 1980s, Pacific Basin has grown into one of the largest owners and operators of Handysize vessels globally.