EuroDry Ltd. (NASDAQ:EDRY) Sees Large Decline in Short Interest

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EuroDry Ltd. (NASDAQ:EDRY – Get Free Report) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 2,700 shares, a decline of 57.1% from the February 13th total of 6,300 shares. Based on an average trading volume of 9,200 shares, the short-interest ratio is [...]

EuroDry Ltd. ( NASDAQ:EDRY – Get Free Report ) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 2,700 shares, a decline of 57.

1% from the February 13th total of 6,300 shares. Based on an average trading volume of 9,200 shares, the short-interest ratio is currently 0.3 days.



Currently, 0.2% of the company’s shares are short sold. Analyst Upgrades and Downgrades Separately, Noble Financial downgraded EuroDry from an “outperform” rating to a “market perform” rating in a research note on Friday, February 7th.

Read Our Latest Research Report on EDRY Institutional Trading of EuroDry EuroDry Stock Performance EDRY opened at $10.64 on Friday. The business’s 50-day moving average price is $10.

98 and its two-hundred day moving average price is $14.72. EuroDry has a 1 year low of $10.

04 and a 1 year high of $24.84. The company has a market capitalization of $30.

18 million, a price-to-earnings ratio of -4.84 and a beta of 0.69.

The company has a debt-to-equity ratio of 0.74, a current ratio of 0.84 and a quick ratio of 0.

74. About EuroDry ( Get Free Report ) EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide.

It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt. Featured Stories Receive News & Ratings for EuroDry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EuroDry and related companies with MarketBeat.

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