COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) Short Interest Down 26.5% in November

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 11,100 shares, a decrease of 26.5% from the October 31st total of 15,100 shares. Based on an average trading volume of 6,100 shares, the days-to-cover ratio is presently 1.8 days.

COSCO SHIPPING Trading Down 0.7 %

Shares of CICOY traded down $0.05 during trading hours on Friday, hitting $7.05. The company’s stock had a trading volume of 2,600 shares, compared to its average volume of 11,436. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.61 and a quick ratio of 1.55. The business has a 50 day simple moving average of $7.67 and a two-hundred day simple moving average of $7.62. COSCO SHIPPING has a 52-week low of $4.34 and a 52-week high of $9.87.

COSCO SHIPPING Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, November 12th. Shareholders of record on Wednesday, October 9th were issued a dividend of $0.2787 per share. This is a boost from COSCO SHIPPING’s previous dividend of $0.13. The ex-dividend date was Wednesday, October 9th.

About COSCO SHIPPING

COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, managing and operating container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. It operates through Container Shipping Business and Terminal Business segments.