COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF – Get Free Report) 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.
Read Our Latest Research Report on CICOF
COSCO SHIPPING Stock Performance
COSCO SHIPPING (OTCMKTS:CICOF – Get Free Report) 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.
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