Is Buying Overseas Shipholding Group Inc Class A (NYSE:OSG), Having Lower Short Interest a Winning S
August 8, 2018 - By Victoria Pittman
The stock of Overseas Shipholding Group Inc Class A (NYSE:OSG) registered a decrease of 9.69% in short interest. OSG’s total short interest was 1.25 million shares in August as published by FINRA. Its down 9.69% from 1.39 million shares, reported previously. With 741,400 shares average volume, it will take short sellers 2 days to cover their OSG’s short positions. The short interest to Overseas Shipholding Group Inc Class A’s float is 2.68%.
The stock decreased 1.35% or $0.05 during the last trading session, reaching $3.66. About 266,103 shares traded. Overseas Shipholding Group, Inc. (NYSE:OSG) has risen 12.83% since August 8, 2017 and is uptrending. It has outperformed by 0.26% the S&P500.
Overseas Shipholding Group, Inc. owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the United States. The company has market cap of $294.48 million. At December 31, 2016, the firm owned or operated a fleet of 24 vessels totaling an aggregate of approximately 1 million deadweight tons. It has a 5.93 P/E ratio. The Company’s clients comprise independent oil traders, refinery operators, and U.S. and international government entities.
More recent Overseas Shipholding Group, Inc. (NYSE:OSG) news were published by: Businesswire.com which released: “Overseas Shipholding Group to Announc....