COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 27,196 shares, an increase of 131.1% from the April 15th total of 11,766 shares. Based on an average daily volume of 18,246 shares, the short-interest ratio is currently 1.5 days. Approximately 0.0% of the shares of the stock are short sold.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of COSCO SHIPPING to a “hold” rating in a research note on Tuesday, April 14th. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.
Read Our Latest Stock Analysis on COSCO SHIPPING
COSCO SHIPPING Price Performance
COSCO SHIPPING Company Profile
COSCO SHIPPING (OTCMKTS:CICOY) is the international trading name of a major Chinese state-owned integrated shipping and logistics company. The firm provides ocean transport and related maritime services across a broad range of cargo types, and it operates as part of China’s strategic shipping sector. The company’s activities cover container liner shipping, dry bulk and tanker services, terminal operations, and integrated logistics solutions that support global trade flows.
Core services include scheduled container shipping on major east–west and regional trade lanes, bulk carrier and tanker operations for commodity transport, and ownership or management of port terminals and stevedoring facilities.
Further Reading
- Five stocks we like better than COSCO SHIPPING
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
- MarketBeat Week in Review – 05/11 – 05/15
Receive News & Ratings for COSCO SHIPPING Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COSCO SHIPPING and related companies with MarketBeat.com's FREE daily email newsletter.
