MPC Container Ships ASA (OTCMKTS:MPZZF) Short Interest Update

MPC Container Ships ASA (OTCMKTS:MPZZF) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 909,200 shares, an increase of 22.4% from the March 31st total of 742,700 shares. Based on an average daily volume of 47,700 shares, the short-interest ratio is currently 19.1 days.

MPC Container Ships ASA Stock Performance

MPC Container Ships ASA stock traded down $0.06 during trading on Tuesday, hitting $1.55. The company’s stock had a trading volume of 500,369 shares, compared to its average volume of 80,209. The stock’s fifty day moving average is $1.27 and its 200 day moving average is $1.35. MPC Container Ships ASA has a 1-year low of $1.03 and a 1-year high of $1.98.

MPC Container Ships ASA Company Profile

MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 126,943 twenty-foot equivalent units.