COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) Sees Significant Decrease in Short Interest

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

COSCO SHIPPING Stock Up 2.4 %

Shares of CICOY traded up $0.20 during mid-day trading on Friday, hitting $8.67. 5,235 shares of the company’s stock were exchanged, compared to its average volume of 18,727. The stock’s 50-day moving average is $7.91 and its 200-day moving average is $6.16. COSCO SHIPPING has a fifty-two week low of $4.34 and a fifty-two week high of $9.87.

COSCO SHIPPING Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, July 15th. Investors of record on Monday, June 3rd will be paid a dividend of $0.126 per share. The ex-dividend date is Monday, June 3rd.

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.