Western Bulk Chartering AS (OTCMKTS:WSSTF) Sees Significant Growth in Short Interest

Western Bulk Chartering AS (OTCMKTS:WSSTF – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 7,455 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 1,892 shares, the days-to-cover ratio is presently 3.9 days.

Western Bulk Chartering AS Price Performance

Shares of WSSTF opened at C$2.20 on Wednesday. Western Bulk Chartering AS has a 12-month low of C$2.20 and a 12-month high of C$2.22. The firm has a fifty day moving average price of C$2.20 and a 200-day moving average price of C$2.01.

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About Western Bulk Chartering AS

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Western Bulk Chartering AS, together with its subsidiaries, operates as a dry bulk shipping company. It engages in chartering and operating dry bulk vessels for the transportation of products, such as minerals, timber, cement, bauxite, steel products, grains, coal, and other products; and operation of chartered-in fleet of 110-150 vessels, including time charter trip vessels and period vessels. The company operates in Norway, Far East, rest of Europe, India, North America, South America, Africa, and the Middle East.

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