COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) Shares Shorted: Short Interest Up 400.0% in September

by · The Markets Daily

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 52,632 shares, a growth of 400.0% from the September 15th total of 10,526 shares. Based on an average daily volume of 51,948 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the shares of the stock are sold short.

COSCO SHIPPING Price Performance

Shares of CICOY opened at $10.76 on Monday. COSCO SHIPPING has a one year low of $7.50 and a one year high of $11.55. The business’s 50 day simple moving average is $10.50 and its 200-day simple moving average is $9.74. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.45 and a quick ratio of 1.36.

COSCO SHIPPING Company Profile

(Get Free Report)

COSCO SHIPPING Holdings Co, Ltd. is a China-based transportation and logistics company focused primarily on container shipping and related port operations. Through its container shipping business, the company provides international and domestic ocean freight services for manufactured goods, raw materials and other cargo, serving major trade routes and connecting ports across Asia, Europe, the Americas, Africa and Oceania.

The company also participates in port terminal investment and operations, providing services such as container handling, cargo transfer and related logistics support.

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