Clarkson PLC (OTCMKTS:CKNHF) Sees Significant Decline in Short Interest

Clarkson PLC (OTCMKTS:CKNHF) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 1,500 shares, a decrease of 11.8% from the May 31st total of 1,700 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 3.0 days.

Clarkson Stock Performance

Shares of CKNHF remained flat at $54.85 during mid-day trading on Monday. Clarkson has a 1 year low of $30.70 and a 1 year high of $55.71. The business’s 50-day moving average price is $52.08 and its two-hundred day moving average price is $47.98.

Clarkson Company Profile

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.