COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) Shares Shorted: Short Interest Down 94.1% in October

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 3,124 shares, a drop of 94.1% from the September 30th total of 52,632 shares. Based on an average daily volume of 5,590 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are short sold.

COSCO SHIPPING Trading Up 2.0%

OTCMKTS CICOY traded up $0.21 during trading on Monday, reaching $10.61. The company’s stock had a trading volume of 2,002 shares, compared to its average volume of 9,278. COSCO SHIPPING has a 1-year low of $8.26 and a 1-year high of $11.55. The business has a 50-day moving average price of $10.72 and a 200-day moving average price of $9.83. 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

COSCO SHIPPING Holdings Co, Ltd. is a China-based transportation and logistics company focused primarily on container shipping and related port operations. Through its subsidiaries, the company provides ocean transportation for containerized cargo, including manufactured goods, consumer products, industrial materials and other international freight.

The company also participates in the development, operation and management of container terminals in major global ports. Its broader services include supply-chain and logistics solutions, equipment and container-related services, and other activities that support the movement of cargo through international trade routes.

COSCO SHIPPING Holdings is part of China COSCO Shipping Corporation Limited and traces its corporate development to the restructuring of China’s state-owned shipping businesses.