Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) Sees Significant Increase in Short Interest

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 718 shares, a growth of 141.8% from the September 15th total of 297 shares. Based on an average daily volume of 64 shares, the days-to-cover ratio is currently 11.2 days.

Dampskibsselskabet Norden A/S Stock Performance

DPBSF stock traded down C$3.65 during midday trading on Wednesday, reaching C$56.25. The company had a trading volume of 100 shares, compared to its average volume of 300. The stock has a 50 day moving average price of C$56.07 and a 200 day moving average price of C$51.78. Dampskibsselskabet Norden A/S has a fifty-two week low of C$38.25 and a fifty-two week high of C$59.90.

About Dampskibsselskabet Norden A/S

Dampskibsselskabet NORDEN A/S is a Denmark-based international shipping company that transports dry bulk commodities and tanker cargoes. The company operates an asset-light business model, combining owned, leased and chartered vessels with commercial and logistical expertise to serve customers across global trade routes.

NORDEN’s dry bulk activities cover the transportation of commodities such as agricultural products, coal, ores, steel products, forest products and other industrial materials.