Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) Sees Significant Growth in Short Interest

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 55,300 shares, an increase of 11.3% from the December 15th total of 49,700 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is presently 32.5 days.

Dampskibsselskabet Norden A/S Trading Down 3.4 %

Shares of DPBSF traded down C$0.98 during trading hours on Friday, hitting C$28.33. 726 shares of the stock traded hands, compared to its average volume of 1,035. The business has a fifty day moving average of C$30.56 and a 200-day moving average of C$36.25. Dampskibsselskabet Norden A/S has a 1-year low of C$28.33 and a 1-year high of C$54.19.

About Dampskibsselskabet Norden A/S

Dampskibsselskabet Norden A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide. The company operates through two segments: Assets & Logistics, and Freight Services & Trading. The Assets & Logistics segment owns and charters in long-term vessel capacity; and charters out its capacity of owned and long-term chartered tonnage to Freight Services & Trading.