Pacific Basin Shipping Limited (OTCMKTS:PCFBF) Short Interest Down 18.1% in November

Pacific Basin Shipping Limited (OTCMKTS:PCFBF) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 703,200 shares, a decrease of 18.1% from the November 15th total of 859,100 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 1,172.0 days.

Pacific Basin Shipping Price Performance

OTCMKTS:PCFBF remained flat at $0.21 during mid-day trading on Friday. The stock has a 50 day moving average price of $0.25 and a two-hundred day moving average price of $0.28. Pacific Basin Shipping has a 1 year low of $0.21 and a 1 year high of $0.38.

About Pacific Basin Shipping

Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap.