COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXF) Sees Significant Drop in Short Interest

COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXF) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 3,154,000 shares, a decline of 43.8% from the February 13th total of 5,610,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

COSCO SHIPPING Energy Transportation Price Performance

OTCMKTS:CSDXF remained flat at $0.73 during mid-day trading on Friday. The company has a 50 day simple moving average of $0.73 and a 200-day simple moving average of $0.92. COSCO SHIPPING Energy Transportation has a 1 year low of $0.97 and a 1 year high of $0.97.

COSCO SHIPPING Energy Transportation Company Profile

COSCO SHIPPING Energy Transportation Co, Ltd., an investment holding company, engages in the shipment of oil, liquefied natural gas (LNG), and chemicals along the coast of the People’s Republic of China and internationally. It operates in Oil Shipment and LNG segments. The company also engages in the chartering of vessels; shipment of liquefied petroleum gas; and provision of shipping agency services.