Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) Short Interest Update

Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 17,600 shares, a growth of 7.3% from the May 31st total of 16,400 shares. Based on an average trading volume of 22,400 shares, the short-interest ratio is currently 0.8 days. Approximately 0.5% of the shares of the company are short sold.

Grindrod Shipping Stock Performance

Shares of NASDAQ:GRIN opened at $13.94 on Thursday. The company has a 50 day moving average of $13.73 and a 200 day moving average of $11.33. The company has a quick ratio of 1.01, a current ratio of 1.13 and a debt-to-equity ratio of 0.51. Grindrod Shipping has a 12 month low of $7.35 and a 12 month high of $14.90.

About Grindrod Shipping

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.