COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) Short Interest Update

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 2,900,000 shares, a drop of 9.6% from the November 30th total of 3,207,800 shares. Based on an average trading volume of 156,200 shares, the short-interest ratio is presently 18.6 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of COSCO SHIPPING from a “sell” rating to a “neutral” rating in a research report on Wednesday, October 2nd.

COSCO SHIPPING Price Performance

COSCO SHIPPING stock remained flat at $1.63 during midday trading on Monday. The stock has a 50 day moving average of $1.52 and a 200-day moving average of $1.48. COSCO SHIPPING has a 12-month low of $0.95 and a 12-month high of $1.89.

COSCO SHIPPING Company Profile

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.