Short Interest in COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) Drops By 26.5%

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 11,100 shares, a decline of 26.5% from the October 31st total of 15,100 shares. Based on an average daily volume of 6,100 shares, the days-to-cover ratio is presently 1.8 days.

COSCO SHIPPING Stock Performance

Shares of COSCO SHIPPING stock opened at $7.05 on Friday. COSCO SHIPPING has a twelve month low of $4.34 and a twelve month high of $9.87. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.55 and a current ratio of 1.61. The business has a 50-day moving average price of $7.67 and a 200-day moving average price of $7.61.

COSCO SHIPPING Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, November 12th. Investors of record on Wednesday, October 9th were issued a $0.2787 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This is a positive change from COSCO SHIPPING’s previous dividend of $0.13.

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.