MPC Container Ships ASA (OTCMKTS:MPZZF) Short Interest Up 300.0% in April

MPC Container Ships ASA (OTCMKTS:MPZZFGet Rating) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 50,800 shares, a growth of 300.0% from the March 31st total of 12,700 shares. Based on an average daily volume of 40,700 shares, the days-to-cover ratio is presently 1.2 days.

MPC Container Ships ASA stock opened at $2.94 on Thursday. The stock has a fifty day moving average price of $3.13 and a 200 day moving average price of $2.85. MPC Container Ships ASA has a 52 week low of $1.50 and a 52 week high of $3.76.

About MPC Container Ships ASA (Get Rating)

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

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