MPC Container Ships ASA (OTCMKTS:MPZZF) Short Interest Down 32.3% in December

MPC Container Ships ASA (OTCMKTS:MPZZF) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 192,200 shares, a decline of 32.3% from the December 15th total of 283,800 shares. Based on an average daily volume of 57,500 shares, the days-to-cover ratio is currently 3.3 days.

MPC Container Ships ASA Price Performance

Shares of MPZZF stock traded down $0.07 during trading hours on Friday, hitting $1.60. 106,295 shares of the company’s stock were exchanged, compared to its average volume of 26,589. MPC Container Ships ASA has a 52 week low of $1.03 and a 52 week high of $2.41. The stock’s 50-day moving average is $1.93 and its 200-day moving average is $2.04.

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.