DryShips Inc. (DRYS) Short Interest Update Post
Post# of 22756
Posted by Daniel Jordon on Feb 13th, 2017 // No Comments
DryShips logoDryShips Inc. (NASDAQRYS) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,312,923 shares, an increase of 115.3% from the January 13th total of 609,672 shares. Approximately 9.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,958,100 shares, the short-interest ratio is currently 0.1 days.
Shares of DryShips (NASDAQRYS) opened at 3.99 on Monday. The company’s market capitalization is $6.23 million. The stock has a 50 day moving average price of $13.74 and a 200 day moving average price of $69.15. DryShips has a 1-year low of $1.97 and a 1-year high of $2,227.20.
Separately, Vetr raised DryShips from a “buy” rating to a “strong-buy” rating and set a $5.41 price objective for the company in a research note on Wednesday, February 1st.
In related news, major shareholder James Leichter acquired 100,000 shares of the stock in a transaction dated Monday, November 28th. The stock was acquired at an average cost of $5.81 per share, with a total value of $581,000.00. Following the purchase, the insider now directly owns 300,000 shares of the company’s stock, valued at $1,743,000. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
DryShips Company Profile
DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.
5 Day Chart for NASDAQRYS
Receive News & Ratings for DryShips Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DryShips Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'