Navios Maritime Holdings Incorporated (NYSE:NM) Stock Is Shorted More

July 17, 2017 - By Ellis Scott

 Navios Maritime Holdings Incorporated (NYSE:NM) Stock Is Shorted More

The stock of Navios Maritime Holdings Incorporated (NYSE:NM) registered an increase of 8.41% in short interest. NM’s total short interest was 4.46M shares in July as published by FINRA. Its up 8.41% from 4.12M shares, reported previously. With 998,200 shares average volume, it will take short sellers 5 days to cover their NM’s short positions. The short interest to Navios Maritime Holdings Incorporated’s float is 5.33%.

About 688,935 shares traded. Navios Maritime Holdings Inc. (NYSE:NM) has risen 90.67% since July 17, 2016 and is uptrending. It has outperformed by 73.97% the S&P500.

Navios Maritime Holdings Inc. is a global, vertically integrated seaborne shipping and logistics company. The company has market cap of $135.42 million. The Firm is focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. It currently has negative earnings. It operates through two divisions: the Dry bulk Vessel Operations and the Logistics Business.

Navios Maritime Holdings Inc. (NYSE:NM) Ratings Coverage

Among 4 analysts covering Navios Maritime Holdings (NYSE:NM), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Navios Maritime Holdings had 9 analyst reports since August 21, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus on Thursday, January 7 to “Sell”. JP Morgan downgraded the stock to “Neutral” rating in Tuesday, January 26 report. As per Tuesday, February 9, the company rating was downgraded by Clarkson Capital. Stifel Nicolaus downgraded the stock to “Hold” rating in Tuesday, November 24 report. JP Morgan initiated the stock with “Overweight” rating in Thursday, October 15 report. The firm earned “Sell” rating on Wednesday, April 27 by Citigroup. The stock of Navios Maritime Holdings Inc. (NYSE:NM) has “Hold” rating given on Wednesday, August 26 by Zacks.

More notable recent Navios Maritime Holdings Inc. (NYSE:NM) news were published by: which released: “Why Navios Maritime Holdings Stock Just Sank 11%” on February 22, 2017, also with their article: “Navios Maritime Holdings: Self-Dealing Transaction With Navios Maritime Partners” published on March 24, 2017, published: “Navios Maritime Holdings Inc.: Debt Still Exceeds Asset Values By $300 Million” on May 29, 2017. More interesting news about Navios Maritime Holdings Inc. (NYSE:NM) were released by: and their article: “What’s Happening With Navios Maritime Holdings And Why The Recent Common And …” published on January 24, 2017 as well as‘s news article titled: “Navios Maritime Containers Inc. Announces $75.0 Million Private Placement and …” with publication date: May 11, 2017.

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