After Reaching Milestone, Is FREESEAS ORD (OTCMKTS:FREEF)’s Short Interest Revealing Something?

February 12, 2018 - By Louis Casey

The stock of FREESEAS ORD (OTCMKTS:FREEF) registered a decrease of 98.77% in short interest. FREEF’s total short interest was 100 shares in February as published by FINRA. Its down 98.77% from 8,100 shares, reported previously.

It closed at $0.0001 lastly. It is down 0.00% since February 12, 2017 and is . It has underperformed by 16.70% 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 $16. 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.

More notable recent FreeSeas Inc. (OTCMKTS:FREEF) news were published by: Marketwatch.com which released: “Freedom Energy Inc.” on July 14, 2017, also Prweb.com with their article: “FreeSeas Announces Appointment of New Chief Financial Officer and Director” published on October 06, 2017, Globenewswire.com published: “Havensight Capital makes Tender Offer for Free Seas Inc. and Launches …” on June 16, 2016. More interesting news about FreeSeas Inc. (OTCMKTS:FREEF) were released by: Seekingalpha.com and their article: “A Case Study In How To Destroy Shareholder Value” published on May 11, 2016 as well as Seekingalpha.com‘s news article titled: “DryShips: Dilution Pushing It To Zero… Again?” with publication date: November 24, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.