Short Interest Update on Navios Maritime Holdings (NM)

Navios Maritime Holdings (NM) has 4,456,854 shares of shorts outstanding as on August 15, 2016, with 10 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 5,503,861 shares. The stock has a decent trading volume of 444,212 shares daily. The marginal decrease in the short positions is by -19%, which amounts to -1,047,007 shares. Short positions are 5.5% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.

Navios Maritime Holdings (NYSE:NM): The stock opened at $1.03 on Wednesday but the bulls could not build on the opening and the stock topped out at $1.05 for the day. The stock traded down to $1.02 during the day, due to lack of any buying support eventually closed down at $1.03 with a loss of -0.96% for the day. The stock had closed at $1.04 on the previous day. The total traded volume was 189,422 shares.


Navios Maritime Holdings Inc. (Navios Holdings) is a global, vertically integrated seaborne shipping and logistics company. The Company is focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. Navios Holdings operates through two segments: the Dry bulk Vessel Operations and the Logistics Business. The Dry bulk Vessel Operations segment consists of the transportation and handling of bulk cargoes through the ownership, operation and trading of vessels, freight and forward freight agreements (FFAs). The Logistics Business segment consists of the Companys port terminal business, barge business and cabotage business in the Hidrovia region of South America. Navios Holdings also offers commercial and technical management services to the fleets of Navios Partners, Navios Acquisition, Navios Midstream and Navios Europe. The Companys fleet (excluding the Navios Logistics fleet) consists of around 66 vessels.

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