Euronav NV (NYSE:CMBT) Short Interest Up 11.9% in October

Euronav NV (NYSE:CMBT) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 287,100 shares, a growth of 11.9% from the October 15th total of 256,600 shares. Based on an average daily trading volume, of 97,400 shares, the short-interest ratio is presently 2.9 days. Currently, 1.9% of the company’s shares are short sold.

Euronav Trading Up 0.9 %

NYSE:CMBT traded up $0.11 during midday trading on Monday, hitting $12.78. 75,847 shares of the company traded hands, compared to its average volume of 584,703. The firm has a fifty day moving average price of $15.34. Euronav has a 12-month low of $12.62 and a 12-month high of $21.26. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 2.15 and a beta of -0.07. The company has a debt-to-equity ratio of 1.91, a current ratio of 1.29 and a quick ratio of 1.22.

Euronav Company Profile

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.