COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) Shares Shorted: Short Interest Down 46.9% in September

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 8,374,930 shares, a decrease of 46.9% from the September 15th total of 15,768,437 shares. Based on an average trading volume of 545 shares, the days-to-cover ratio is presently 15,366.8 days.

COSCO SHIPPING Stock Performance

Shares of OTCMKTS:CICOF opened at $2.17 on Wednesday. The company has a 50 day moving average of $2.12 and a 200-day moving average of $1.95. COSCO SHIPPING has a one year low of $1.59 and a one year high of $2.23.

About COSCO SHIPPING

COSCO SHIPPING Holdings Co, Ltd. is a China-based transportation and logistics company focused primarily on container shipping and related port operations. The company provides maritime transportation for manufactured goods, raw materials and other cargo, serving businesses engaged in international trade.

Its container shipping activities are conducted principally through COSCO SHIPPING Lines, while its port business includes investments in and operation of container terminals. Together, these operations support an integrated logistics network that connects major commercial regions in Asia, Europe, North America, the Middle East, Africa and other international markets.

The company was formerly known as China COSCO Holdings Co, Ltd.