What Will Happen to Overseas Shipholding Group Inc Class A (NYSE:OSG) Next? The Stock Has Decline in Shorts

October 11, 2018 - By Adrian Erickson

The stock of Overseas Shipholding Group Inc Class A (NYSE:OSG) registered a decrease of 52.34% in short interest. OSG’s total short interest was 415,200 shares in October as published by FINRA. Its down 52.34% from 871,100 shares, reported previously. With 594,400 shares average volume, it will take short sellers 1 days to cover their OSG’s short positions. The short interest to Overseas Shipholding Group Inc Class A’s float is 0.63%.

The stock increased 0.14% or $0.005 during the last trading session, reaching $3.485. About 37,486 shares traded. Overseas Shipholding Group, Inc. (NYSE:OSG) has risen 32.81% since October 11, 2017 and is uptrending. It has outperformed by 17.19% 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 $294.70 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 5.67 P/E ratio. The Company’s clients comprise independent oil traders, refinery operators, and U.S. and international government entities.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>