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

International Container Terminal Services, Inc. (OTCMKTS:ICTEF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 3,966 shares, a decline of 53.6% from the August 15th total of 8,551 shares. Based on an average daily volume of 2,993 shares, the short-interest ratio is presently 1.3 days.

International Container Terminal Services Stock Performance

OTCMKTS ICTEF opened at $16.37 on Monday. International Container Terminal Services has a fifty-two week low of $7.94 and a fifty-two week high of $17.79. The stock has a 50 day simple moving average of $16.11 and a two-hundred day simple moving average of $14.15.

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.