Short Interest in MPC Container Ships ASA (OTCMKTS:MPZZF) Increases By 147.3%

MPC Container Ships ASA (OTCMKTS:MPZZF) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 271,300 shares, a growth of 147.3% from the August 31st total of 109,700 shares. Based on an average daily volume of 80,600 shares, the days-to-cover ratio is presently 3.4 days.

MPC Container Ships ASA Price Performance

MPC Container Ships ASA stock traded down $0.02 during midday trading on Friday, reaching $2.25. 5,700 shares of the stock traded hands, compared to its average volume of 53,541. The stock’s fifty day moving average is $2.08 and its 200-day moving average is $1.82. MPC Container Ships ASA has a 12 month low of $1.03 and a 12 month high of $2.32.

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.