MPC Container Ships ASA (OTCMKTS:MPZZF) sees a significant increase in short-term interest

Container ship MPC ASA (OTCMKTS: MPZZFGet a rating) saw strong growth in short-term interest during the month of April. As of April 30, there were short interests totaling 71,600 shares, a growth of 40.9% from the total of 50,800 shares as of April 15. Based on an average trading volume of 9,800 shares, the short-term interest rate ratio is currently 7.3 days.

Shares of MPC Container ship Stock ASA traded down $0.07 on Friday, hitting $2.77. 1,000 shares of the company have been traded, with an average volume of 10,200. The company’s 50-day moving average price is $3.08 and its two-hundred-day moving average price is $2.89 . MPC Container Ships ASA has a one-year minimum of $1.50 and a one-year maximum of $3.76.

About MPC ASA container ships (Get a rating)

MPC Container Ships ASA owns and operates a portfolio of container ships. The company focuses on supply vessels between 1,000 and 5,000 twenty-foot equivalent units (TEU). It operates a fleet of 75 vessels with a total capacity of 158,000 TEUs. The company charters its vessels to liner shipping companies and regional carriers.

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