Pacific Basin Shipping Limited (OTCMKTS:PCFBF – Get Free Report) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 111,960 shares, a decline of 62.4% from the May 31st total of 297,538 shares. Based on an average trading volume of 7,438 shares, the short-interest ratio is currently 15.1 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 stock’s fifty day moving average is $0.40 and its two-hundred day 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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