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

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

Dampskibsselskabet Norden A/S Stock Performance

OTCMKTS DPBSF traded down C$0.98 during trading hours on Friday, hitting C$28.33. The company had a trading volume of 726 shares, compared to its average volume of 1,035. Dampskibsselskabet Norden A/S has a 1-year low of C$28.33 and a 1-year high of C$54.19. The business has a 50 day moving average of C$30.56 and a 200-day moving average of C$36.29.

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.