Clarkson PLC (OTCMKTS:CKNHF) Sees Large Decrease in Short Interest

Clarkson PLC (OTCMKTS:CKNHFGet Free Report) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 3,263 shares, a decrease of 54.4% from the July 30th total of 7,158 shares. Based on an average daily volume of 78 shares, the days-to-cover ratio is presently 41.8 days.

Clarkson Stock Performance

Shares of Clarkson stock opened at $68.65 on Monday. Clarkson has a 12-month low of $47.12 and a 12-month high of $68.66. The company has a 50-day simple moving average of $62.86 and a 200 day simple moving average of $62.30.

Clarkson Company Profile

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Clarkson Plc (OTCMKTS:CKNHF) is a global provider of integrated shipping services, offering a comprehensive range of broking, research and advisory solutions across the maritime sector. Founded in 1852, the company has established itself as a leading shipbroker, facilitating sale and purchase, chartering, newbuilding, and demolition activities for a diverse fleet of vessels, including tankers, bulk carriers, containerships and gas carriers. Through its dedicated research arm, Clarkson delivers market intelligence and forecasting to support clients in managing risk and optimizing fleet deployment.

In addition to traditional shipbroking, Clarkson’s operations encompass offshore and renewables project services, financial and support services, and strategic advisory.

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