International Container Terminal Services, Inc. (OTCMKTS:ICTEF) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

International Container Terminal Services, Inc. (OTCMKTS:ICTEF – Get Free Report) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 3,383 shares, a drop of 65.7% from the November 30th total of 9,853 shares. Based on an average trading volume of 3,495 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 3,495 shares, the short-interest ratio is presently 1.0 days.

International Container Terminal Services Stock Up 9.1%

Shares of OTCMKTS:ICTEF traded up $0.84 during midday trading on Friday, reaching $10.04. The company’s stock had a trading volume of 235 shares, compared to its average volume of 6,189. International Container Terminal Services has a fifty-two week low of $5.25 and a fifty-two week high of $11.38. The firm has a 50 day moving average price of $9.67 and a two-hundred day moving average price of $8.80.

About International Container Terminal Services

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International Container Terminal Services, Inc (OTCMKTS: ICTEF) is a global port management company headquartered in Manila, Philippines. Established in 1987 through a concession to operate the Manila International Container Terminal, the company has since grown into an international operator of container terminals and related maritime infrastructure. ICTSI’s core activities encompass container handling, terminal operations, cargo storage and logistics services, as well as the development and expansion of port facilities.

ICTSI maintains a diversified portfolio of operations across Asia-Pacific, the Americas, Europe, the Middle East and Africa.

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