MPC Container Ships ASA (OTCMKTS:MPZZF) Sees Large Growth in Short Interest

MPC Container Ships ASA (OTCMKTS:MPZZF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 266,400 shares, an increase of 260.5% from the February 28th total of 73,900 shares. Based on an average daily trading volume, of 64,200 shares, the short-interest ratio is currently 4.1 days.

MPC Container Ships ASA Trading Up 1.3 %

Shares of OTCMKTS:MPZZF traded up $0.02 during midday trading on Thursday, hitting $1.58. The company had a trading volume of 10,500 shares, compared to its average volume of 19,659. MPC Container Ships ASA has a 12-month low of $1.03 and a 12-month high of $2.41. The company has a fifty day moving average of $1.63 and a two-hundred day moving average of $1.89.

About MPC Container Ships ASA

MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 126,943 twenty-foot equivalent units.