Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) Shares Shorted: Short Interest Down 61.8% in September

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 297 shares, a drop of 61.8% from the August 31st total of 778 shares. Based on an average trading volume of 2 shares, the short-interest ratio is presently 148.5 days.

Dampskibsselskabet Norden A/S Stock Performance

Shares of DPBSF opened at C$57.56 on Tuesday. The business’s fifty day moving average is C$54.30 and its 200 day moving average is C$50.89. Dampskibsselskabet Norden A/S has a 12-month low of C$38.25 and a 12-month high of C$57.56.

Dampskibsselskabet Norden A/S Company Profile

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.