Short Interest in Pacific Basin Shipping Limited (OTCMKTS:PCFBF) Expands By 143.4%

Pacific Basin Shipping Limited (OTCMKTS:PCFBFGet Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 272,538 shares, an increase of 143.4% from the June 15th total of 111,960 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Pacific Basin Shipping Price Performance

OTCMKTS:PCFBF remained flat at $0.39 during trading hours on Tuesday. The business has a fifty day moving average price of $0.40 and a 200-day moving average price of $0.33. Pacific Basin Shipping has a fifty-two week low of $0.38 and a fifty-two week high of $0.43.

Pacific Basin Shipping Company Profile

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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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