COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) Stock Short Interest Climbs 237.2%

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 10,533 shares, an increase of 237.2% from the October 15th total of 3,124 shares. Based on an average daily trading volume, of 6,681 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.0% of the company’s shares are short sold.

COSCO SHIPPING Price Performance

Shares of CICOY stock remained flat at $10.77 during trading hours on Thursday. 524,317 shares of the stock were exchanged, compared to its average volume of 6,206. COSCO SHIPPING has a twelve month low of $8.26 and a twelve month high of $11.73. The firm has a fifty day moving average of $10.75 and a two-hundred day moving average of $9.81. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.45 and a quick ratio of 1.36.

COSCO SHIPPING Company Profile

COSCO SHIPPING International (Hong Kong) Limited is a shipping-services and investment holding company within the COSCO SHIPPING group. It provides services and products supporting shipowners and the broader maritime industry, rather than focusing primarily on operating a container-shipping fleet. Its activities include marine equipment and spare-parts supply, marine coatings, ship trading agency services, and marine insurance brokerage. The company is based in Hong Kong and serves customers in China and international shipping markets.