Clarkson PLC (OTCMKTS:CKNHF) Sees Significant Decline in Short Interest

Clarkson PLC (OTCMKTS:CKNHF) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 1,500 shares, a decline of 11.8% from the May 31st total of 1,700 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 3.0 days.

Clarkson Price Performance

OTCMKTS:CKNHF remained flat at $54.85 during trading hours on Monday. The firm has a fifty day simple moving average of $52.08 and a 200-day simple moving average of $47.98. Clarkson has a 1-year low of $30.70 and a 1-year high of $55.71.

About Clarkson

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.