Short Interest in Pacific Basin Shipping Limited (OTCMKTS:PCFBF) Declines By 97.6%

Pacific Basin Shipping Limited (OTCMKTS:PCFBF) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 35,000 shares, a decline of 97.6% from the July 15th total of 1,458,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ? days.

Pacific Basin Shipping Price Performance

PCFBF traded down $0.01 during midday trading on Tuesday, reaching $0.47. The company’s stock had a trading volume of 500 shares, compared to its average volume of 6,627. Pacific Basin Shipping has a 1 year low of $0.38 and a 1 year high of $0.47. The stock’s 50-day moving average is $0.40 and its 200-day moving average is $0.35.

Pacific Basin Shipping Company Profile

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.