International Container Terminal Services, Inc. (OTCMKTS:ICTEF) Sees Significant Decrease in Short Interest

International Container Terminal Services, Inc. (OTCMKTS:ICTEF) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 7,107 shares, a drop of 73.4% from the June 30th total of 26,681 shares. Based on an average trading volume of 9,745 shares, the short-interest ratio is presently 0.7 days.

International Container Terminal Services Price Performance

Shares of International Container Terminal Services stock opened at $16.70 on Monday. The stock has a 50 day moving average price of $15.07 and a two-hundred day moving average price of $12.94. International Container Terminal Services has a 12-month low of $7.50 and a 12-month high of $17.44.

About International Container Terminal Services

International Container Terminal Services, Inc (OTCMKTS: ICTEF) is a global port management company headquartered in Manila, Philippines. Established in 1987 through a concession to operate the Manila International Container Terminal, the company has since grown into an international operator of container terminals and related maritime infrastructure. ICTSI’s core activities encompass container handling, terminal operations, cargo storage and logistics services, as well as the development and expansion of port facilities.

ICTSI maintains a diversified portfolio of operations across Asia-Pacific, the Americas, Europe, the Middle East and Africa.