COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) Stock Short Interest Climbs 400.0%

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 52,632 shares, an increase of 400.0% from the September 15th total of 10,526 shares. Based on an average daily trading volume, of 51,948 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.0% of the company’s stock are sold short.

COSCO SHIPPING Stock Up 2.1%

COSCO SHIPPING stock traded up $0.22 during trading on Friday, reaching $10.76. The stock had a trading volume of 2,590 shares, compared to its average volume of 15,765. COSCO SHIPPING has a 52-week low of $7.50 and a 52-week high of $11.55. The business has a 50 day moving average price of $10.50 and a 200 day moving average price of $9.74.

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. Through its container shipping business, the company provides international and domestic ocean freight services for manufactured goods, raw materials and other cargo, serving major trade routes and connecting ports across Asia, Europe, the Americas, Africa and Oceania.

The company also participates in port terminal investment and operations, providing services such as container handling, cargo transfer and related logistics support.