COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOF – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 8,374,930 shares, a decrease of 46.9% from the September 15th total of 15,768,437 shares. Based on an average daily trading volume, of 545 shares, the days-to-cover ratio is currently 15,366.8 days.
COSCO SHIPPING Stock Performance
Shares of OTCMKTS:CICOF remained flat at $2.17 during trading hours on Thursday. COSCO SHIPPING has a 1 year low of $1.59 and a 1 year high of $2.23. The firm’s 50-day moving average is $2.13 and its two-hundred day moving average is $1.95.
COSCO SHIPPING Company Profile
COSCO SHIPPING Holdings Co, Ltd. is a China-based transportation and logistics company focused primarily on container shipping and related port operations. The company provides maritime transportation for manufactured goods, raw materials and other cargo, serving businesses engaged in international trade.
Its container shipping activities are conducted principally through COSCO SHIPPING Lines, while its port business includes investments in and operation of container terminals. Together, these operations support an integrated logistics network that connects major commercial regions in Asia, Europe, North America, the Middle East, Africa and other international markets.
The company was formerly known as China COSCO Holdings Co, Ltd.
Further Reading
- Five stocks we like better than COSCO SHIPPING
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
- Domino’s Pizza: As Cheap As It Gets, Nowhere to Go But Up
- Apple Cut iPhone 18 Orders; What Does It Mean For Suppliers?
- Failed Breakout in Tech? 3 Sectors Leading the Market Rotation
Receive News & Ratings for COSCO SHIPPING Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COSCO SHIPPING and related companies with MarketBeat.com's FREE daily email newsletter.
