Short Interest in International Container Terminal Services, Inc. (OTCMKTS:ICTEF) Drops By 91.4%

International Container Terminal Services, Inc. (OTCMKTS:ICTEF) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,272 shares, a decline of 91.4% from the April 15th total of 14,718 shares. Based on an average trading volume of 4,595 shares, the days-to-cover ratio is presently 0.3 days.

International Container Terminal Services Price Performance

International Container Terminal Services stock traded up $0.79 during midday trading on Monday, hitting $13.49. 1,128 shares of the stock were exchanged, compared to its average volume of 2,645. International Container Terminal Services has a fifty-two week low of $6.72 and a fifty-two week high of $13.89. The stock’s 50-day simple moving average is $12.10 and its 200 day simple moving average is $10.97.

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.