Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY) Short Interest Update

Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 491 shares, an increase of 76.0% from the July 15th total of 279 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 842 shares, the days-to-cover ratio is currently 0.6 days.

Pacific Basin Shipping Price Performance

Shares of OTCMKTS:PCFBY remained flat at $9.75 on Tuesday. 125 shares of the stock traded hands, compared to its average volume of 1,127. The company has a fifty day moving average of $7.99 and a 200 day moving average of $7.98. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.32 and a current ratio of 1.63. Pacific Basin Shipping has a 52 week low of $4.91 and a 52 week high of $10.11.

About Pacific Basin Shipping

Pacific Basin Shipping Limited is a Hong Kong‐based dry bulk shipping company specializing in the transportation of raw materials such as coal, iron ore, grain, steel products and cement. The company operates a modern fleet of Handysize and Supramax vessels that range in size from approximately 25,000 to 63,000 deadweight tonnes, offering flexibility to serve both major bulk trades and smaller regional ports. Its core services include spot and period charters, tailored voyage planning, and cargo handling solutions designed to meet the logistical needs of commodity producers, traders and end‐users around the world.

Founded in the late 1980s, Pacific Basin has grown into one of the largest owners and operators of Handysize vessels globally.