Short Interest in Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) Increases By 101.9%

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSFGet Free Report) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 22,395 shares, an increase of 101.9% from the May 31st total of 11,091 shares. Based on an average daily volume of 27 shares, the short-interest ratio is presently 829.4 days.

Dampskibsselskabet Norden A/S Price Performance

OTCMKTS:DPBSF remained flat at C$50.78 during midday trading on Thursday. 50 shares of the company were exchanged, compared to its average volume of 175. The business’s 50-day simple moving average is C$49.58 and its two-hundred day simple moving average is C$45.51. Dampskibsselskabet Norden A/S has a 1 year low of C$35.50 and a 1 year high of C$51.41.

About Dampskibsselskabet Norden A/S

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Dampskibsselskabet Norden A/S is a Denmark‐based shipping company specializing in the global seaborne transportation of dry bulk commodities and petroleum products. The company’s operations are organized into two main segments: dry cargo and product tankers. Through these divisions, Norden provides chartering and freight services that connect producers and consumers across major trading routes, with a focus on efficient and flexible cargo solutions.

In its dry cargo segment, Norden operates a diversified fleet of vessels ranging from Handysize and Supramax to Panamax and Capesize classes.

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