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Short Interest in COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) Declines By 46.6%

Financial News Live · Sep 28, 2022 16:42

COSCO Shipping Holdings +3.04% CICOF +0.00%

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF – Get Rating) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 9,492,100 shares, a drop of 46.6% from the August 31st total of 17,777,800 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 2,876.4 days.

COSCO SHIPPING Price Performance

CICOF remained flat at $1.31 during trading on Wednesday. COSCO SHIPPING has a one year low of $1.25 and a one year high of $2.19. The firm has a fifty day moving average price of $1.40 and a two-hundred day moving average price of $1.56.

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About COSCO SHIPPING

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

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