COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF – Get Free Report) was the recipient of a significant decrease in short interest in 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 daily trading volume, of 545 shares, the short-interest ratio is currently 15,366.8 days.
COSCO SHIPPING Stock Performance
OTCMKTS CICOF opened at $2.17 on Friday. The business has a fifty day moving average price of $2.13 and a two-hundred day moving average price of $1.96. COSCO SHIPPING has a fifty-two week low of $1.59 and a fifty-two week 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.
Recommended Stories
- Five stocks we like better than COSCO SHIPPING
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for COSCO SHIPPING Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COSCO SHIPPING and related companies with MarketBeat.com's FREE daily email newsletter.
