Short Interest Coverage: Could AP MOELLER MAERS B (OTCMKTS:AMKBF) Skyrocket? The Stock Has Too Many Sellers

November 24, 2016 - By Dolores Ford   ·   0 Comments

Short Interest Coverage: Could AP MOELLER MAERS B (OTCMKTS:AMKBF) Skyrocket? The Stock Has Too Many Sellers

The stock of AP MOELLER MAERS B (OTCMKTS:AMKBF) registered an increase of 2.2% in short interest. AMKBF’s total short interest was 27,900 shares in November as published by FINRA. Its up 2.2% from 27,300 shares, reported previously. With 100 shares average volume, it will take short sellers 279 days to cover their AMKBF’s short positions. The stock closed at $1307.51 during the last session. It is down 11.54% since April 22, 2016 and is downtrending. It has underperformed by 16.95% the S&P500.

A.P. Moller-Maersk A/S, formerly AP Moeller – Maersk A/S, is a Denmark shipping and oil company. The company has a market cap of $13.15 billion. It is active in the container logistics and upstream oil value chains. It currently has negative earnings. The container logistics includes: Maersk Line, an international container shipping company; APM Terminals, a port operator engaged in container terminal activities; and Damco, engaged in logistics and freight forwarding activities.

More notable recent AP Moeller Maersk A S (OTCMKTS:AMKBF) news were published by: Wsj.com which released: “Shipping Giant Maersk to Split Into Two Divisions” on September 22, 2016, also Wsj.com with their article: “AP Møller-Maersk Names Søren Skou CEO; Shares Jump” published on June 23, 2016, Bloomberg.com published: “World’s Biggest Shipping Line Falls Amid Fears of Trade Wars” on November 09, 2016. More interesting news about AP Moeller Maersk A S (OTCMKTS:AMKBF) were released by: Bloomberg.com and their article: “Maersk Gains as Company Meets Tough Market With Cost Cuts” published on August 12, 2016 as well as Newsmax.com‘s news article titled: “World’s Biggest Shipping Firm Warns Against US Protectionism” with publication date: August 14, 2016.

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By Dolores Ford


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