COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) Short Interest Update

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 7,800 shares, a decline of 47.7% from the May 31st total of 14,900 shares. Based on an average daily volume of 47,900 shares, the days-to-cover ratio is currently 0.2 days.

COSCO SHIPPING Stock Performance

CICOY stock traded down $0.27 during midday trading on Friday, hitting $8.47. The company had a trading volume of 7,371 shares, compared to its average volume of 19,191. COSCO SHIPPING has a 52 week low of $4.34 and a 52 week high of $9.87. The stock’s 50 day moving average price is $7.85 and its 200 day moving average price is $6.12.

COSCO SHIPPING Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, June 3rd will be paid a dividend of $0.126 per share. The ex-dividend date is Monday, June 3rd.

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.