COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXF – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 256,565 shares, a decrease of 91.9% from the August 15th total of 3,186,090 shares. Based on an average daily volume of 73 shares, the short-interest ratio is presently 3,514.6 days.
COSCO SHIPPING Energy Transportation Stock Performance
Shares of OTCMKTS CSDXF opened at $2.06 on Friday. COSCO SHIPPING Energy Transportation has a twelve month low of $0.79 and a twelve month high of $2.83. The stock’s 50 day moving average price is $1.85 and its 200-day moving average price is $2.13.
About COSCO SHIPPING Energy Transportation
COSCO SHIPPING Energy Transportation Co, Ltd. (OTCMKTS:CSDXF) is a Chinese shipping enterprise primarily engaged in the transportation of energy commodities. As a subsidiary of China COSCO Shipping Corporation, the company operates one of the world’s largest tanker fleets, specializing in crude oil, refined petroleum products and liquefied natural gas (LNG) shipping. Its fleet includes very large crude carriers (VLCCs), Suezmax and Aframax vessels, as well as specialized LNG carriers, enabling the firm to serve a broad range of chartering requirements.
The company’s core business involves time charter, voyage charter and ship management services for its tankers.
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