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

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

Dampskibsselskabet Norden A/S Price Performance

Shares of OTCMKTS:DPBSF remained flat at C$28.29 during trading on Monday. Dampskibsselskabet Norden A/S has a 1 year low of C$28.29 and a 1 year high of C$48.50. The stock’s 50-day moving average price is C$29.72 and its 200-day moving average price is C$35.21.

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.