Pacific Basin Shipping Limited (OTCMKTS:PCFBF) Short Interest Update

Pacific Basin Shipping Limited (OTCMKTS:PCFBF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,458,000 shares, an increase of 435.0% from the June 30th total of 272,538 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is presently 347.1 days.

Pacific Basin Shipping Stock Performance

OTCMKTS PCFBF opened at $0.39 on Monday. Pacific Basin Shipping has a one year low of $0.38 and a one year high of $0.43. The business’s fifty day moving average is $0.40 and its 200-day moving average is $0.34.

About Pacific Basin Shipping

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.