Euronav NV (NYSE:CMBT) Short Interest Down 8.3% in December

Euronav NV (NYSE:CMBT - Get Free Report) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 299,200 shares, a decline of 8.3% from the December 15th total of 326,400 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average daily volume of 107,700 shares, the short-interest ratio is presently 2.8 days.

Euronav Stock Down 0.6 %

CMBT traded down $0.07 during trading on Friday, reaching $11.09. The stock had a trading volume of 80,960 shares, compared to its average volume of 94,152. Euronav has a 1-year low of $8.59 and a 1-year high of $21.26. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 1.87 and a beta of -0.11. The stock has a 50 day simple moving average of $10.82. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 1.91.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.