COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) Short Interest Down 86.9% in October

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 2,900 shares, a decline of 86.9% from the September 30th total of 22,200 shares. Based on an average trading volume of 42,200 shares, the short-interest ratio is presently 0.1 days.

COSCO SHIPPING Trading Down 0.6 %

Shares of CICOY stock traded down $0.04 during trading hours on Friday, hitting $7.70. The company’s stock had a trading volume of 464,440 shares, compared to its average volume of 12,287. The company has a quick ratio of 1.55, a current ratio of 1.61 and a debt-to-equity ratio of 0.11. The business has a fifty day moving average of $7.24 and a 200-day moving average of $7.37. COSCO SHIPPING has a twelve month low of $4.34 and a twelve month high of $9.87.

COSCO SHIPPING Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Wednesday, October 9th will be given a dividend of $0.2787 per share. This is an increase from COSCO SHIPPING’s previous dividend of $0.13. The ex-dividend date of this dividend is Wednesday, October 9th.

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.