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

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

COSCO SHIPPING Stock Down 0.7 %

OTCMKTS:CICOY traded down $0.05 during trading hours on Friday, hitting $7.05. 2,600 shares of the company’s stock traded hands, compared to its average volume of 11,436. COSCO SHIPPING has a 52 week low of $4.34 and a 52 week high of $9.87. The business’s fifty day simple moving average is $7.67 and its two-hundred day simple moving average is $7.62. 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 firm also recently disclosed a dividend, which was paid on Tuesday, November 12th. Stockholders of record on Wednesday, October 9th were issued a dividend of $0.2787 per share. This is a positive change from COSCO SHIPPING’s previous dividend of $0.13. The ex-dividend date of this dividend was Wednesday, October 9th.

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.