COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXF) Sees Large Decline in Short Interest

COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXF) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 54,565 shares, a decrease of 78.7% from the August 31st total of 256,565 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

COSCO SHIPPING Energy Transportation Price Performance

OTCMKTS CSDXF remained flat at $2.06 on Friday. COSCO SHIPPING Energy Transportation has a 12 month low of $0.79 and a 12 month high of $2.83. The firm’s fifty day moving average price is $1.92 and its 200-day moving average price is $2.09.

COSCO SHIPPING Energy Transportation Company Profile

COSCO SHIPPING Energy Transportation Co, Ltd. is a China-based maritime transportation company and a subsidiary of COSCO SHIPPING Group. The company primarily provides ocean transportation services for crude oil, refined petroleum products and liquefied natural gas (LNG), serving energy producers, traders and other industrial customers.

Its fleet and business operations include crude oil tankers, product tankers and LNG carriers. The company also participates in related energy transportation and shipping activities, supporting the movement of petroleum and gas cargoes between major production, trading and consumption regions.

The company traces its corporate history to China Shipping Development Co, Ltd.