MPC Container Ships ASA (OTCMKTS:MPZZF) Short Interest Update

MPC Container Ships ASA (OTCMKTS:MPZZF) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 5,700 shares, a decline of 77.9% from the January 31st total of 25,800 shares. Based on an average daily volume of 30,700 shares, the days-to-cover ratio is currently 0.2 days.

MPC Container Ships ASA Price Performance

MPZZF stock opened at $1.59 on Friday. The firm has a 50-day simple moving average of $1.71 and a two-hundred day simple moving average of $1.96. MPC Container Ships ASA has a one year low of $1.03 and a one year high of $2.41.

About MPC Container Ships ASA

MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 126,943 twenty-foot equivalent units.