Short interest in Pangaea Logistics Solutions Ltd (NASDAQ:PANL) increased during the last reporting period, rising from 323.45K to 378.93K. This put 1.66% of the company's publicly available shares short.
Short interest for Pangaea Logistics Solns gives investors a sense of the degree to which investors are betting on the decline of Pangaea Logistics Solns's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 157.73K shares traded per day, it would take 2.4 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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