Trading volume for Star Bulk Carriers Corp. – 8.00 was 25K in the last trading session. Trading volume was up 102.96% over the stocks average daily volume.
Traders are a little more bullish on the company lately if you take note of the decrease in short interest. The company realized a fall in short interest of -9.03% as of the latest report on October 13, 2017. Short interest fell 599 over that period. With short interest at 6,037 and short average daily volume at 8,364, the short-interest ratio is 1.0 and the percentage of shorted shares was 0.00% on October 13.
The company is so far trading up by 0.24% percent from yesterday’s close. The stock is trading at $25.15 just a bit lower than $25.26, the stock’s 50 day moving average and marginally over the 200 day moving average of $24.94. The 50 day moving average was down $-0.11 or -0.45% whereas the 200 day moving average was up $0.21 or +0.82%.
Star Bulk Carriers Corp., launched on December 13, 2006, is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. As of December 31, 2016, the Business’s fleet included 73 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels with a carrying capacity between 52,055 and 209,537 deadweight tonnage (dwt). The Business’s vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along shipping routes across the world..Advertisement