Pacific Basin Shipping Limited (OTCMKTS:PCFBF) Short Interest Update

by · The Markets Daily

Pacific Basin Shipping Limited (OTCMKTS:PCFBF – Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 35,000 shares, a drop of 97.6% from the July 15th total of 1,458,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Pacific Basin Shipping Trading Down 1.2%

Shares of OTCMKTS PCFBF traded down $0.01 during mid-day trading on Tuesday, hitting $0.47. 500 shares of the stock traded hands, compared to its average volume of 6,627. The stock has a fifty day moving average price of $0.40 and a 200-day moving average price of $0.35. Pacific Basin Shipping has a 52 week low of $0.38 and a 52 week high of $0.47.

About Pacific Basin Shipping

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Pacific Basin Shipping Limited (OTCMKTS:PCFBF) is a leading global carrier of dry bulk cargo headquartered in Hong Kong. The company specialises in transporting a diverse range of commodities, including coal, grain, fertilisers and industrial minerals. Leveraging its focus on regional size segments—primarily Handysize and Supramax vessels—Pacific Basin Shipping delivers flexible and cost-effective shipping solutions to industrial and trading companies across major trade lanes.

Founded in 1987 and listed on the Main Board of the Hong Kong Stock Exchange in 1997, Pacific Basin has built a reputation for operational excellence and strong customer service.

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