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

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 1,989,000 shares, an increase of 84.4% from the October 31st total of 1,078,600 shares. Based on an average daily volume of 207,300 shares, the days-to-cover ratio is presently 9.6 days.

COSCO SHIPPING Price Performance

CICOF stock traded down $0.09 during trading on Friday, reaching $1.44. 132,400 shares of the company were exchanged, compared to its average volume of 9,508. The company has a 50-day moving average of $1.52 and a two-hundred day moving average of $1.50. COSCO SHIPPING has a twelve month low of $0.88 and a twelve month high of $1.89.

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

Analyst Ratings Changes

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

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.