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International Seaways reported better-than-expected earnings, raised its dividend, yet faces rising short interest.
International Seaways (INSW) hit a 52-week low in November, but reported better-than-expected earnings and increased its quarterly dividend.
Despite recent insider selling, institutional investors have increased their holdings.
The company's stock has a market cap of $1.63 billion, with analysts expecting 7.92 EPS for the year.
Short interest in the company rose 8.8% in November.
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International Seaways informó de ingresos mejores de los esperados, aumentó su dividendo, pero se enfrenta a un interés cada vez más corto.