Globus Maritime Ltd (NASDAQ:GLBS) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 260,300 shares, a growth of 5.5% from the June 15th total of 246,700 shares. Based on an average daily trading volume, of 193,100 shares, the short-interest ratio is presently 1.3 days. Approximately 16.0% of the shares of the company are short sold.

Shares of NASDAQ GLBS traded down $0.07 during midday trading on Tuesday, reaching $2.20. The company’s stock had a trading volume of 161,818 shares, compared to its average volume of 378,518. Globus Maritime has a 12-month low of $2.01 and a 12-month high of $11.90. The firm has a 50 day moving average price of $2.39. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.01.

Globus Maritime (NASDAQ:GLBS) last announced its earnings results on Tuesday, June 11th. The shipping company reported ($0.15) earnings per share for the quarter. Globus Maritime had a negative return on equity of 6.07% and a negative net margin of 14.77%. The business had revenue of $3.54 million during the quarter.

A hedge fund recently bought a new stake in Globus Maritime stock. Virtu Financial LLC purchased a new position in Globus Maritime Ltd (NASDAQ:GLBS) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 29,634 shares of the shipping company’s stock, valued at approximately $97,000. Virtu Financial LLC owned 0.92% of Globus Maritime at the end of the most recent quarter. Institutional investors own 1.65% of the company’s stock.

About Globus Maritime

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of December 31, 2017, it owned and operated five vessels with a total carrying capacity of 300.571 deadweight tonnage.

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