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

Pacific Basin Shipping Limited (OTCMKTS:PCFBF) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 272,538 shares, a growth of 143.4% from the June 15th total of 111,960 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Pacific Basin Shipping Price Performance

Shares of OTCMKTS:PCFBF opened at $0.39 on Wednesday. The firm has a 50 day simple moving average of $0.40 and a 200 day simple moving average of $0.33. Pacific Basin Shipping has a one year low of $0.38 and a one year high of $0.43.

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.