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

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

COSCO SHIPPING Stock Performance

COSCO SHIPPING stock traded down $0.05 during midday trading on Friday, hitting $7.05. The company’s stock had a trading volume of 2,654 shares, compared to its average volume of 4,106. The company has a 50-day moving average price of $7.67 and a two-hundred day moving average price of $7.61. COSCO SHIPPING has a 1-year low of $4.34 and a 1-year high of $9.87. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.61 and a quick ratio of 1.55.

COSCO SHIPPING Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, November 12th. Investors of record on Wednesday, October 9th were given a dividend of $0.2787 per share. The ex-dividend date was Wednesday, October 9th. This is an increase from COSCO SHIPPING’s previous dividend of $0.13.

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.