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

Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 1,837 shares, an increase of 2,451.4% from the January 15th total of 72 shares. Based on an average daily volume of 1,991 shares, the short-interest ratio is presently 0.9 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,991 shares, the short-interest ratio is presently 0.9 days.

Pacific Basin Shipping Price Performance

Shares of Pacific Basin Shipping stock remained flat at $7.95 during midday trading on Tuesday. The company had a trading volume of 20 shares, compared to its average volume of 3,976. The firm has a 50 day simple moving average of $6.54 and a 200 day simple moving average of $6.36. Pacific Basin Shipping has a 1-year low of $3.39 and a 1-year high of $8.18. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.48 and a quick ratio of 1.18.

Pacific Basin Shipping Company Profile

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.