AP MOELLER MAERS B (OTCMKTS:AMKBF) Shorts Decreased by 6.65% After Short Covering

The stock of AP MOELLER MAERS B (OTCMKTS:AMKBF) registered a decrease of 6.65% in short interest. AMKBF’s total short interest was 30,900 shares in February as published by FINRA. Its down 6.65% from 33,100 shares, reported previously. With 100 shares average volume, it will take short sellers 309 days to cover their AMKBF’s short positions. The stock closed at $1197.98 during the last session. It is down 32.48% since July 17, 2015 and is downtrending. It has underperformed by 23.97% 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 $12.75 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.

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