Top Ships Inc (NASDAQ:TOPS) Has Increase in Shorts

April 16, 2018 - By Adrian Mccoy

The stock of Top Ships Inc (NASDAQ:TOPS) registered an increase of 12.35% in short interest. TOPS’s total short interest was 9.46M shares in April as published by FINRA. Its up 12.35% from 8.42M shares, reported previously. With 7.57M shares average volume, it will take short sellers 1 days to cover their TOPS’s short positions.

The stock 0.23% or $0 during the last trading session, reaching $1.75. It is down 100.00% since April 16, 2017 and is downtrending. It has underperformed by 111.55% the S&P500.

Top Ships Inc. provides seaborne transportation services worldwide. The company has market cap of $29.64 million. It owns and operates medium range tanker vessels that transport crude oil, petroleum products, and bulk liquid chemicals. It currently has negative earnings. The firm transports petroleum products and crude oil for the oil industry.

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