C3is Inc. (NASDAQ:CISS) Stock Short Interest Report for October

C3is Inc. (NASDAQ:CISS – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 291,627 shares, an increase of 1,401.1% from the September 30th total of 19,428 shares. Based on an average daily trading volume, of 993,119 shares, the short-interest ratio is currently 0.3 days. Approximately 19.6% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of C3is in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Stock Report on C3is

C3is Price Performance

CISS traded down $0.01 during trading on Wednesday, reaching $0.48. The company’s stock had a trading volume of 32,761 shares, compared to its average volume of 486,165. The company’s fifty day moving average price is $1.29 and its 200-day moving average price is $182.51. C3is has a 52-week low of $0.46 and a 52-week high of $12,488.00.

C3is (NASDAQ:CISS – Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $345.57 earnings per share (EPS) for the quarter. The business had revenue of $48.09 million for the quarter.

About C3is

(Get Free Report)

C3is Inc (NASDAQ:CISS) is a shipping company incorporated in the Marshall Islands and headquartered in Limassol, Cyprus. The company provides seaborne transportation services for crude oil, refined petroleum products and dry bulk commodities.

C3is owns and operates oceangoing vessels, including oil tankers and dry bulk carriers. Its tankers transport crude oil and petroleum products, while its dry bulk vessels carry commodities such as grain, coal and other bulk cargoes. The company may employ its vessels through time-charter, voyage-charter or pool arrangements, depending on market conditions.

C3is serves international shipping markets, with its vessels operating on global trade routes.

Further Reading

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