It Seems BERGESEN WORLDWIDE OFFSHORE LTD COMM (OTCMKTS:BGSWF) Will Go Down. Just Reported More Shorted Shares

May 17, 2018 - By Eugene Smith

The stock of BERGESEN WORLDWIDE OFFSHORE LTD COMM (OTCMKTS:BGSWF) registered an increase of 19.12% in short interest. BGSWF’s total short interest was 84,100 shares in May as published by FINRA. Its up 19.12% from 70,600 shares, reported previously.

It closed at $5.95 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

BW Offshore Limited builds, owns, and operates gas and oil floating production, storage, and offloading vessels ; and floating, storage, and offloading vessels (FSOs) to the gas and oil industries in the Asia Pacific, the Americas, the European Union, and West Africa. The company has market cap of $1.23 billion. It also offers engineering, procurement, construction, and installation services; and lease and operation services of FPSO units. It has a 27.67 P/E ratio. As of March 8, 2016, the firm had a fleet of 14 FPSOs and 1 FSO.

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