Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) Sees Significant Increase in Short Interest

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 42,500 shares, a growth of 214.8% from the October 31st total of 13,500 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 212.5 days.

Dampskibsselskabet Norden A/S Stock Performance

Shares of Dampskibsselskabet Norden A/S stock remained flat at C$32.50 during mid-day trading on Thursday. Dampskibsselskabet Norden A/S has a one year low of C$32.50 and a one year high of C$54.19. The company has a fifty day simple moving average of C$36.44 and a 200-day simple moving average of C$39.33.

Dampskibsselskabet Norden A/S Company Profile

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.