COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) Short Interest Update

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 10,853,400 shares, an increase of 763.2% from the September 30th total of 1,257,400 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is presently 1,043.6 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of COSCO SHIPPING from a “sell” rating to a “neutral” rating in a research report on Wednesday, October 2nd.

COSCO SHIPPING Stock Performance

Shares of OTCMKTS CICOF remained flat at $1.49 during midday trading on Friday. COSCO SHIPPING has a 52 week low of $0.88 and a 52 week high of $1.89. The business has a 50-day moving average of $1.42 and a two-hundred day moving average of $1.45.

COSCO SHIPPING (OTCMKTS:CICOF) last announced its quarterly earnings results on Thursday, August 29th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $7.31 billion during the quarter.

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.