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

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,989,000 shares, a growth of 84.4% from the October 31st total of 1,078,600 shares. Based on an average daily volume of 207,300 shares, the short-interest ratio is currently 9.6 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised COSCO SHIPPING from a “sell” rating to a “neutral” rating in a research note on Wednesday, October 2nd.

COSCO SHIPPING Stock Performance

Shares of OTCMKTS CICOF opened at $1.44 on Friday. The firm has a fifty day simple moving average of $1.52 and a two-hundred day simple moving average of $1.50. COSCO SHIPPING has a 12 month low of $0.88 and a 12 month high of $1.89.

COSCO SHIPPING (OTCMKTS:CICOF) last announced its quarterly earnings data on Thursday, August 29th. The company reported $0.09 EPS for the quarter. The firm had revenue of $7.31 billion for the quarter.

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.