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

Pacific Basin Shipping Limited (OTCMKTS:PCFBY) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,500 shares, an increase of 150.0% from the January 31st total of 600 shares. Based on an average daily volume of 30,000 shares, the short-interest ratio is presently 0.1 days.

Pacific Basin Shipping Trading Down 5.2 %

Shares of PCFBY opened at $3.85 on Friday. Pacific Basin Shipping has a 12 month low of $3.39 and a 12 month high of $7.50. The company has a 50-day moving average price of $4.23 and a two-hundred day moving average price of $4.93. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.70.

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.