Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Short Interest Update
Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 292,300 shares, a decline of 21.3% from the September 15th total of 371,400 shares. Based on an average trading volume of 137,600 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.0% of the shares of the company are sold short.
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