COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 3,500 shares, a growth of 600.0% from the May 15th total of 500 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is currently 0.3 days.
COSCO SHIPPING Stock Performance
Shares of OTCMKTS CICOY traded up $0.23 during trading on Friday, reaching $8.84. The company had a trading volume of 1,351 shares, compared to its average volume of 8,646. The company's fifty day moving average price is $8.08 and its 200-day moving average price is $7.79. COSCO SHIPPING has a 12 month low of $6.09 and a 12 month high of $9.50. 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 Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, July 14th. Investors of record on Tuesday, June 3rd will be given a dividend of $0.5456 per share. This is a positive change from COSCO SHIPPING's previous dividend of $0.28. The ex-dividend date is Monday, June 2nd. This represents a dividend yield of 8.88%.
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.
Further Reading
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