COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) Short Interest Down 86.9% in October

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 2,900 shares, a decrease of 86.9% from the September 30th total of 22,200 shares. Based on an average daily volume of 42,200 shares, the days-to-cover ratio is presently 0.1 days.

COSCO SHIPPING Stock Down 0.6 %

Shares of OTCMKTS CICOY traded down $0.04 during mid-day trading on Friday, hitting $7.70. The stock had a trading volume of 464,440 shares, compared to its average volume of 12,287. COSCO SHIPPING has a 1 year low of $4.34 and a 1 year high of $9.87. The company has a quick ratio of 1.55, a current ratio of 1.61 and a debt-to-equity ratio of 0.11. The business has a 50 day moving average price of $7.24 and a two-hundred day moving average price of $7.39.

COSCO SHIPPING Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, November 12th. Investors of record on Wednesday, October 9th will be paid a $0.2787 dividend. The ex-dividend date is Wednesday, October 9th. This is a boost 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.