COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY - Get Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 500 shares, a decline of 28.6% from the April 30th total of 700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 11,800 shares, the days-to-cover ratio is currently 0.0 days.
COSCO SHIPPING Stock Up 0.3%
CICOY stock traded up $0.03 during midday trading on Tuesday, reaching $8.60. The stock had a trading volume of 579 shares, compared to its average volume of 8,789. The company's fifty day simple moving average is $7.90 and its 200 day simple moving average is $7.72. The company has a current ratio of 1.61, a quick ratio of 1.55 and a debt-to-equity ratio of 0.11. COSCO SHIPPING has a 52-week low of $6.09 and a 52-week high of $9.87.
COSCO SHIPPING Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, July 14th. Shareholders of record on Tuesday, June 3rd will be paid a $0.5456 dividend. This represents a yield of 8.88%. This is a positive change from COSCO SHIPPING's previous dividend of $0.28. The ex-dividend date of this dividend is Monday, June 2nd.
About COSCO SHIPPING
(
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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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