Pacific Basin Shipping Limited (OTCMKTS:PCFBF – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 297,538 shares, a growth of 82.3% from the May 14th total of 163,215 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.
Pacific Basin Shipping Price Performance
Shares of Pacific Basin Shipping stock remained flat at $0.40 during trading hours on Tuesday. Pacific Basin Shipping has a 52-week low of $0.38 and a 52-week high of $0.43. The firm’s 50-day simple moving average is $0.39 and its two-hundred day simple moving average is $0.32.
Pacific Basin Shipping Company Profile
Pacific Basin Shipping Limited (OTCMKTS:PCFBF) is a leading global carrier of dry bulk cargo headquartered in Hong Kong. The company specialises in transporting a diverse range of commodities, including coal, grain, fertilisers and industrial minerals. Leveraging its focus on regional size segments—primarily Handysize and Supramax vessels—Pacific Basin Shipping delivers flexible and cost-effective shipping solutions to industrial and trading companies across major trade lanes.
Founded in 1987 and listed on the Main Board of the Hong Kong Stock Exchange in 1997, Pacific Basin has built a reputation for operational excellence and strong customer service.
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