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

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 7,500 shares, an increase of 1,150.0% from the December 15th total of 600 shares. Based on an average daily volume of 39,800 shares, the days-to-cover ratio is currently 0.2 days.

Separately, Zacks Investment Research lowered COSCO SHIPPING from a “buy” rating to a “hold” rating in a research note on Friday, December 10th.

Shares of CICOY stock traded up $0.19 on Friday, reaching $10.00. 5,704 shares of the stock were exchanged, compared to its average volume of 13,466. COSCO SHIPPING has a one year low of $3.37 and a one year high of $14.72. The stock has a 50 day moving average price of $8.72 and a 200 day moving average price of $9.02.

COSCO SHIPPING Company Profile

COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, container terminals, and other businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. The company operates through Container Shipping Business, Container Terminal Business, and Corporate and Other Operations segments.

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