International Container Terminal Services, Inc. (OTCMKTS:ICTEF) Sees Significant Increase in Short Interest

International Container Terminal Services, Inc. (OTCMKTS:ICTEF) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 10,900 shares, an increase of 395.5% from the May 31st total of 2,200 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 4.4 days.

International Container Terminal Services Price Performance

International Container Terminal Services stock traded up $0.65 during midday trading on Thursday, hitting $6.38. 1,491 shares of the stock were exchanged, compared to its average volume of 3,247. International Container Terminal Services has a fifty-two week low of $3.45 and a fifty-two week high of $6.38. The stock’s 50-day simple moving average is $5.90 and its 200 day simple moving average is $5.22.

About International Container Terminal Services

International Container Terminal Services, Inc, together with its subsidiaries, develops, manages, and operates container ports and terminals for container shipping industry and cargo owners in Asia, Europe, the Middle East, Africa, and the Americas. It also provides ancillary services, including storage, container packing and unpacking, inspection, weighing, and services for refrigerated containers or reefers, as well as roll-on/roll-off and anchorage services to non-containerized cargoes or general cargoes.