International Container Terminal Services, Inc. (OTCMKTS:ICTEF) Sees Large Increase in Short Interest

International Container Terminal Services, Inc. (OTCMKTS:ICTEFGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,520 shares, an increase of 334.0% from the April 30th total of 1,272 shares. Based on an average daily volume of 1,371 shares, the days-to-cover ratio is presently 4.0 days.

International Container Terminal Services Price Performance

Shares of OTCMKTS ICTEF remained flat at $13.53 during trading on Friday. 20,132 shares of the stock traded hands, compared to its average volume of 2,539. The firm’s fifty day simple moving average is $12.43 and its two-hundred day simple moving average is $11.33. International Container Terminal Services has a 1-year low of $6.72 and a 1-year high of $14.09.

International Container Terminal Services Company Profile

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International Container Terminal Services, Inc (OTCMKTS: ICTEF) is a global port management company headquartered in Manila, Philippines. Established in 1987 through a concession to operate the Manila International Container Terminal, the company has since grown into an international operator of container terminals and related maritime infrastructure. ICTSI’s core activities encompass container handling, terminal operations, cargo storage and logistics services, as well as the development and expansion of port facilities.

ICTSI maintains a diversified portfolio of operations across Asia-Pacific, the Americas, Europe, the Middle East and Africa.

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