Clarkson PLC (OTCMKTS:CKNHF) Sees Significant Decline in Short Interest

Clarkson PLC (OTCMKTS:CKNHF) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,500 shares, a decline of 44.4% from the November 30th total of 2,700 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 1.5 days.

Clarkson Stock Performance

OTCMKTS CKNHF traded down $0.64 on Friday, hitting $49.59. 185 shares of the company’s stock traded hands, compared to its average volume of 901. The firm’s 50-day moving average price is $48.15 and its two-hundred day moving average price is $50.41. Clarkson has a 1-year low of $39.95 and a 1-year high of $58.20.

About Clarkson

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.