FREESEAS INC ORDINARY SHARES (OTCMKTS:FREEF) Stock Is Shorted More

May 6, 2018 - By Henry Gaston

The stock of FREESEAS INC ORDINARY SHARES (OTCMKTS:FREEF) registered an increase of 141.3% in short interest. FREEF’s total short interest was 22,200 shares in May as published by FINRA. Its up 141.3% from 9,200 shares, reported previously.

The stock decreased 15.07% or $0.005 during the last trading session, reaching $0.031. About 150,473 shares traded. FreeSeas Inc. (OTCMKTS:FREEF) has 0.00% since May 6, 2017 and is . It has underperformed by 11.55% the S&P500.

FreeSeas Inc., a drybulk shipping company, through its subsidiaries, engages in the transportation of drybulk cargoes. The company has market cap of $5,214. The firm transports various drybulk commodities, including iron ore, grain, and coal, as well as bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice. It currently has negative earnings. It operates two handysize dry bulk carriers.

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