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

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY - Get Free Report) was the recipient of a significant growth in short interest in 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 shares of the company are short sold. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.3 days.

COSCO SHIPPING Stock Up 1.0%

CICOY stock traded up $0.09 during midday trading on Thursday, hitting $8.69. 725 shares of the stock traded hands, compared to its average volume of 8,793. The company has a quick ratio of 1.55, a current ratio of 1.61 and a debt-to-equity ratio of 0.11. The stock's fifty day simple moving average is $7.99 and its 200-day simple moving average is $7.76. COSCO SHIPPING has a 1-year low of $6.09 and a 1-year high of $9.50.

COSCO SHIPPING Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, July 14th. Shareholders of record on Tuesday, June 3rd will be issued a dividend of $0.5456 per share. This represents a yield of 8.88%. This is an increase from COSCO SHIPPING's previous dividend of $0.28. The ex-dividend date is Monday, June 2nd.

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.