TOP SHIPS Inc (TOPS) Sees Significant Growth in Short Interest
TOP SHIPS Inc (NASDAQ:TOPS) was the recipient of a large growth in short interest during the month of January. As of January 12th, there was short interest totalling 8,416,880 shares, a growth of 28.5% from the December 29th total of 6,547,587 shares. Approximately 55.4% of the shares of the stock are sold short. Based on an average daily volume of 7,990,813 shares, the short-interest ratio is presently 1.1 days.
TOP SHIPS (NASDAQ:TOPS) opened at $0.21 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.25 and a current ratio of 11.27. The stock has a market capitalization of $12.00, a P/E ratio of 0.00 and a beta of 1.10. TOP SHIPS has a 12-month low of $0.18 and a 12-month high of $89,108.40.
Separately, ValuEngine upgraded TOP SHIPS from a “sell” rating to a “hold” rating in a research report on Friday, December 1st.
ILLEGAL ACTIVITY NOTICE: “TOP SHIPS Inc (TOPS) Sees Significant Growth in Short Interest” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/10/short-interest-in-top-ships-inc-tops-increases-by-28-5.html.
About TOP SHIPS
Top Ships Inc is an international provider of oil, petroleum products and chemicals transportation services. The Company owns and operates eco medium range....