MPC Container Ships ASA (OTCMKTS:MPZZF) Short Interest Up 22.4% in April

MPC Container Ships ASA (OTCMKTS:MPZZF) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 909,200 shares, a growth of 22.4% from the March 31st total of 742,700 shares. Based on an average trading volume of 47,700 shares, the days-to-cover ratio is presently 19.1 days.

MPC Container Ships ASA Stock Down 3.7 %

MPC Container Ships ASA stock traded down $0.06 during midday trading on Tuesday, hitting $1.55. 500,369 shares of the stock were exchanged, compared to its average volume of 80,209. MPC Container Ships ASA has a 52-week low of $1.03 and a 52-week high of $1.98. The business’s 50-day moving average price is $1.27 and its 200-day moving average price is $1.35.

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.