Short Interest in Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY) Rises By 139.0%

Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 282 shares, a growth of 139.0% from the December 15th total of 118 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 317 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 317 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are sold short.

Pacific Basin Shipping Price Performance

Shares of OTCMKTS:PCFBY opened at $5.88 on Wednesday. Pacific Basin Shipping has a one year low of $3.39 and a one year high of $6.99. The firm has a fifty day moving average price of $6.64 and a two-hundred day moving average price of $6.08. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.48 and a quick ratio of 1.18.

About Pacific Basin Shipping

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.