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

MPC Container Ships ASA (OTCMKTS:MPZZF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 73,900 shares, a growth of 1,196.5% from the February 13th total of 5,700 shares. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is currently 3.5 days.

MPC Container Ships ASA Trading Up 1.2 %

OTCMKTS:MPZZF opened at $1.64 on Friday. The stock has a fifty day moving average price of $1.65 and a 200 day moving average price of $1.93. MPC Container Ships ASA has a 12-month low of $1.03 and a 12-month high of $2.41.

MPC Container Ships ASA Company Profile

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.