COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) Short Interest Down 86.9% in October

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) saw a large decline in short interest in October. As of October 15th, there was short interest totalling 2,900 shares, a decline of 86.9% from the September 30th total of 22,200 shares. Based on an average daily volume of 42,200 shares, the short-interest ratio is currently 0.1 days.

COSCO SHIPPING Stock Performance

Shares of OTCMKTS:CICOY traded down $0.04 on Friday, reaching $7.70. 464,440 shares of the company were exchanged, compared to its average volume of 12,287. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.55 and a current ratio of 1.61. COSCO SHIPPING has a 1-year low of $4.34 and a 1-year high of $9.87. The company has a 50-day moving average of $7.24 and a 200-day moving average of $7.37.

COSCO SHIPPING Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Wednesday, October 9th will be given a dividend of $0.2787 per share. This is an increase from COSCO SHIPPING’s previous dividend of $0.13. The ex-dividend date of this dividend is Wednesday, October 9th.

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.