COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXF) Stock Short Interest Jumps 121.5%

COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXF) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 138,565 shares, an increase of 121.5% from the September 30th total of 62,565 shares. Based on an average daily trading volume, of 4,821 shares, the short-interest ratio is presently 28.7 days.

COSCO SHIPPING Energy Transportation Stock Performance

Shares of OTCMKTS:CSDXF opened at $1.85 on Friday. COSCO SHIPPING Energy Transportation has a twelve month low of $1.09 and a twelve month high of $2.85. The business has a fifty day moving average of $2.23 and a 200-day moving average of $2.08.

About COSCO SHIPPING Energy Transportation

COSCO SHIPPING Energy Transportation Co, Ltd. is a China-based maritime transportation company and a subsidiary of COSCO SHIPPING Group. The company primarily provides seaborne transportation services for crude oil, refined petroleum products and liquefied natural gas (LNG), serving energy producers, traders and other customers involved in the global energy supply chain.

The company operates and manages a fleet of specialized tankers and LNG carriers. Its activities include the transportation of crude oil and petroleum products, LNG shipping, vessel management and related shipping services.