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 totalling 1,257,400 shares, a decrease of 86.3% from the September 15th total of 9,158,700 shares. Based on an average daily volume of 11,600 shares, the days-to-cover ratio is currently 108.4 days.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded COSCO SHIPPING from a “sell” rating to a “neutral” rating in a research report on Wednesday, October 2nd.
Read Our Latest Research Report on CICOF
COSCO SHIPPING Stock Performance
About COSCO SHIPPING
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.
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