Trading Alert : Diana Shipping ( DSX) Short Squeeze

Morgan Stanley upgraded its view on the shipping industry to “in-line” from “cautious”, citing improved market fundamentals in 2014. The brokerage’s analysts said they expect dry bulk shipping to outperform other segments as they see demand exceeding the fleet supply growth in 2014, for the first time in six years.

DIANA SHIPPING INC(DSX:NYSE, US)

Short sellers will face a squeeze with more than 4% of the shares being vulnerable.

BuySell
11.80USDIncrease0.66(5.92%)Volume:
Above Average
As of 13 Dec 2013 at 10:03 AM EST.
Open 11.47 P/E Ratio (TTM) 104.9x
Last Bid/Size 11.80 / 6 EPS (TTM) 0.11
Last Ask/Size 11.82 / 3 Next Earnings 18 Mar 2014
Previous Close 11.14 Beta 1.29
Volume 353,550 Last Dividend
Average Volume 585,136 Dividend Yield 0.00%
Day High 11.80 Ex-Dividend Date
Day Low 11.45 Shares Outstanding 82.2M
52 Week High 13.24 # of Floating Shares 67.10007M
52 Week Low 7.16 Short Interest as % of Float 4.40%
chart

SAFE BULKERS INC(SB:NYSE, US)

BuySell
8.88USDIncrease0.90(11.28%)Volume:
As of 13 Dec 2013 at 11:44 AM EST.
short position 2 % of shares

QUOTE DETAILS

Open 8.16 P/E Ratio (TTM) 6.4x
Last Bid/Size 8.88 / 5 EPS (TTM) 1.21
Last Ask/Size 8.89 / 21 Next Earnings 17 Feb 2014
Previous Close 7.98 Beta 1.70
Volume 1,681,601 Quarterly Dividend 0.0600
Average Volume 270,619 Dividend Yield 2.70%
Day High 8.90 Ex-Dividend Date 20 Nov 2013
Day Low 8.10 Shares Outstanding 82.7M
52 Week High 9.00 # of Floating Shares 41.23326M
52 Week Low 3.14 Short Interest as % of Float 2.03%
chart

DRYSHIPS INC(DRYS:NASDAQ, US)

4 % short position

BuySell
3.63USDIncrease0.139(3.98%)Volume:
Above Average
As of 13 Dec 2013 at 11:44 AM EST.
    • QUOTE DETAILS
Open 3.51 P/E Ratio (TTM)
Last Bid/Size 3.62 / 91 EPS (TTM) -0.83
Last Ask/Size 3.63 / 98 Next Earnings
Previous Close 3.49 Beta 2.97
Volume 6,526,374 Last Dividend
Average Volume 10,842,090 Dividend Yield 0.00%
Day High 3.64 Ex-Dividend Date
Day Low 3.47 Shares Outstanding 403.8M
52 Week High 4.00 # of Floating Shares 347.1371M
52 Week Low 1.53 Short Interest as % of Float 4.17%
Jack A. Managed Accounts now at 33 % Year To Date with this result .
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