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

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 7,800 shares, a drop of 47.7% from the May 31st total of 14,900 shares. Based on an average daily trading volume, of 47,900 shares, the days-to-cover ratio is presently 0.2 days.

COSCO SHIPPING Stock Performance

OTCMKTS:CICOY traded down $0.27 during midday trading on Friday, reaching $8.47. The stock had a trading volume of 7,371 shares, compared to its average volume of 19,191. COSCO SHIPPING has a 1-year low of $4.34 and a 1-year high of $9.87. The firm’s fifty day simple moving average is $7.85 and its 200-day simple moving average is $6.12.

COSCO SHIPPING Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, June 3rd will be issued a $0.126 dividend. The ex-dividend date of this dividend is Monday, June 3rd.

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.