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

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 8,515 shares, an increase of 1,085.9% from the September 30th total of 718 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 85.2 days.

Dampskibsselskabet Norden A/S Stock Performance

Shares of DPBSF opened at C$55.34 on Tuesday. Dampskibsselskabet Norden A/S has a fifty-two week low of C$40.00 and a fifty-two week high of C$59.90. The business’s 50-day moving average is C$56.83 and its 200-day moving average is C$49.63.

Dampskibsselskabet Norden A/S Company Profile

Dampskibsselskabet NORDEN A/S is a Danish shipping company engaged in the global transportation of dry bulk commodities and tanker cargoes. The company operates through its Dry Operator and Tanker Operator businesses, providing seaborne transportation and logistics services to customers in international commodity and energy markets.

NORDEN’s dry bulk activities include the transportation of commodities such as grain, coal, minerals and other raw materials. Its tanker business focuses primarily on the shipment of refined oil products and other liquid bulk cargoes.