Short Interest in COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) Declines By 25.0%

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 900 shares, adeclineof25.0% from the June 30th total of 1,200 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.3 days. Approximately0.0% of the company’s stock are sold short. Approximately0.0% of the company’s stock are sold short. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.3 days.

COSCO SHIPPING Stock Down 2.2%

COSCO SHIPPING stock opened at $9.10 on Friday. The company’s fifty day simple moving average is $8.89 and its 200-day simple moving average is $8.07. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.63 and a current ratio of 1.68. COSCO SHIPPING has a 12 month low of $6.09 and a 12 month high of $9.90.

COSCO SHIPPING Increases Dividend

The business also recently declared a dividend, which was paid on Monday, July 14th. Stockholders of record on Tuesday, June 3rd were issued a dividend of $0.5456 per share. The ex-dividend date was Monday, June 2nd. This represents a dividend yield of 888.0%. This is an increase from COSCO SHIPPING’s previous dividend of $0.28.

Analyst Upgrades and Downgrades

Separately, Citigroup cut shares of COSCO SHIPPING from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, June 24th.

COSCO SHIPPING Company Profile

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.