COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) Short Interest Down 68.5% in June

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 1,010,400 shares, a decline of 68.5% from the May 31st total of 3,204,200 shares. Based on an average daily volume of 21,500 shares, the days-to-cover ratio is presently 47.0 days.

COSCO SHIPPING Price Performance

Shares of COSCO SHIPPING stock remained flat at $1.73 on Friday. The company had a trading volume of 2,600 shares, compared to its average volume of 5,171. COSCO SHIPPING has a 52 week low of $0.88 and a 52 week high of $1.89. The firm’s 50 day moving average price is $1.57 and its two-hundred day moving average price is $1.22.

About COSCO SHIPPING

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.