Paragon Shipping Inc. (OTCMKTS:PRGNF) Sees Large Increase in Short Interest

Paragon Shipping Inc. (OTCMKTS:PRGNF) was the recipient of a large increase in short interest in the month of May. As of May 28th, there was short interest totalling 1,200 shares, an increase of 1,100.0% from the May 13th total of 100 shares. Based on an average trading volume of 182,300 shares, the short-interest ratio is presently 0.0 days.

Shares of PRGNF stock remained flat at $$0.03 during mid-day trading on Friday. 1 shares of the stock were exchanged, compared to its average volume of 54,919. Paragon Shipping has a 12-month low of $0.00 and a 12-month high of $0.12. The business’s 50 day simple moving average is $0.04.

About Paragon Shipping

Paragon Shipping Inc provides shipping transportation services worldwide. It engages in the ocean transportation of drybulk cargoes, including commodities, such as iron ore, coal, grain, and other materials. Paragon Shipping Inc was founded in 2006 and is based in Voula, Greece.

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