there will be one... and it will be
epicThe short interest in Frontline Ltd. (NYSE:FRO) has increased from 6,530,995 on April 30,2015 to 8,544,299 on May 15,2015. The change was measured at 2,013,304 shares or 30.8%. The leftover shorts were 8.8% of the floated shares. The days to cover are 3, given the average daily volume of 2,604,774 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on May 27th.
Frontline Ltd. (NYSE:FRO) witnessed a decline in the market cap on Friday as its shares dropped 15.69% or 0.48 points. After the session commenced at $2.87, the stock reached the higher end at $2.87 while it hit a low of $2.5. With the volume soaring to 10,969,625 shares, the last trade was called at $2.58. The company has a 52-week high of $5.05. The company has a market cap of $318 million and there are 123,255,000 shares in outstanding. The 52-week low of the share price is $1.18.
Frontline Ltd. is a Bermuda-based shipping company engaged primarily in the ownership and operation of oil tanker. The Company operates oil tankers of two sizes: Very Large Crude Carriers (VLCCs), which are between 200,000 and 320,000 deadweight tonnages (dwt), and Suezmax tankers, which are vessels between 120,000 and 170,000 dwt. The Company operates through subsidiaries and partnerships located in the Bahamas, Bermuda, the Cayman Islands, India, the Isle of Man, Liberia, Norway, the United Kingdom and Singapore. The Companys principal focus is the transportation of crude oil and its related refined dirty petroleum cargoes for oil companies and oil trading companies. The Company is also involved in the charter, purchase and sale of vessels.
Frontline Ltd. (NYSE:FRO) witnessed a decline in the market cap on Friday as its shares dropped 15.69% or 0.48 points. After the session commenced at $2.87, the stock reached the higher end at $2.87 while it hit a low of $2.5. With the volume soaring to 10,969,625 shares, the last trade was called at $2.58. The company has a 52-week high of $5.05. The company has a market cap of $318 million and there are 123,255,000 shares in outstanding. The 52-week low of the share price is $1.18.
Frontline Ltd. is a Bermuda-based shipping company engaged primarily in the ownership and operation of oil tanker. The Company operates oil tankers of two sizes: Very Large Crude Carriers (VLCCs), which are between 200,000 and 320,000 deadweight tonnages (dwt), and Suezmax tankers, which are vessels between 120,000 and 170,000 dwt. The Company operates through subsidiaries and partnerships located in the Bahamas, Bermuda, the Cayman Islands, India, the Isle of Man, Liberia, Norway, the United Kingdom and Singapore. The Companys principal focus is the transportation of crude oil and its related refined dirty petroleum cargoes for oil companies and oil trading companies. The Company is also involved in the charter, purchase and sale of vessels.