COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) Sees Significant Increase in Short Interest

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 15,100 shares, an increase of 420.7% from the October 15th total of 2,900 shares. Based on an average trading volume of 84,700 shares, the days-to-cover ratio is presently 0.2 days.

COSCO SHIPPING Stock Up 1.0 %

CICOY stock traded up $0.07 during trading on Wednesday, reaching $7.40. 1,303 shares of the company’s stock were exchanged, compared to its average volume of 11,763. COSCO SHIPPING has a 1-year low of $4.34 and a 1-year high of $9.87. The company’s fifty day moving average price is $7.44 and its 200-day moving average price is $7.57. The company has a current ratio of 1.61, a quick ratio of 1.55 and a debt-to-equity ratio of 0.11.

COSCO SHIPPING Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, November 12th. Shareholders of record on Wednesday, October 9th were given a dividend of $0.2787 per share. This is an increase from COSCO SHIPPING’s previous dividend of $0.13. The ex-dividend date was Wednesday, October 9th.

COSCO SHIPPING Company Profile

COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, managing and operating container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. It operates through Container Shipping Business and Terminal Business segments.