Short Interest in TOP Ships Inc. (TOPS) Grows By 118.8%
TOP Ships Inc. (NASDAQ:TOPS) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 1,163,467 shares, a growth of 118.8% from the July 14th total of 531,748 shares. Based on an average daily volume of 10,105,235 shares, the short-interest ratio is currently 0.1 days.
TOP Ships (TOPS) opened at 1.41 on Friday. TOP Ships has a 52-week low of $1.21 and a 52-week high of $5,040.00. The company’s 50 day moving average is $8.95 and its 200-day moving average is $446.84. The company’s market capitalization is $12.18 million.
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About TOP Ships
Top Ships Inc is an international provider of oil, petroleum products and chemicals transportation services. The Company owns and operates eco medium range (MR) tanker vessels focusing on the transportation of crude oil, petroleum products (clean and dirty) and bulk liquid chemicals. The Company’s fleet includes over two chartered-in 50,000 deadweight ton (dwt) product/chemical tankers vessels, the Motor Tanker (M/T) Stenaweco Energy and the M/T Stenaweco Evolution; approximately two 39,000 dwt product/chemical tankers vessels, the M/T Eco Fleet and the M/T Eco Revolution, and over two 50,000 dwt product/chemical tankers scheduled for delivery from Hyundai Dockyard.
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