MPC Container Ships ASA (OTCMKTS:MPZZF) Short Interest Update

MPC Container Ships ASA (OTCMKTS:MPZZF) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 192,200 shares, a decline of 32.3% from the December 15th total of 283,800 shares. Based on an average trading volume of 57,500 shares, the short-interest ratio is currently 3.3 days.

MPC Container Ships ASA Stock Performance

MPC Container Ships ASA stock traded up $0.02 during trading on Wednesday, hitting $1.69. The company’s stock had a trading volume of 79,350 shares, compared to its average volume of 15,117. The stock’s fifty day moving average is $1.95 and its 200 day moving average is $2.05. MPC Container Ships ASA has a 1-year low of $1.03 and a 1-year high of $2.41.

About MPC Container Ships ASA

MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 126,943 twenty-foot equivalent units.