Short Interest in MPC Container Ships ASA (OTCMKTS:MPZZF) Increases By 260.5%

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

MPC Container Ships ASA Price Performance

Shares of OTCMKTS MPZZF opened at $1.53 on Friday. The firm has a fifty day moving average of $1.62 and a 200 day moving average of $1.89. MPC Container Ships ASA has a one year low of $1.12 and a one year 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.