Short Interest in International Container Terminal Services, Inc. (OTCMKTS:ICTEF) Declines By 53.6%

International Container Terminal Services, Inc. (OTCMKTS:ICTEF) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 3,966 shares, a decrease of 53.6% from the August 15th total of 8,551 shares. Based on an average daily volume of 2,993 shares, the days-to-cover ratio is presently 1.3 days.

International Container Terminal Services Stock Performance

Shares of OTCMKTS ICTEF opened at $15.70 on Tuesday. The firm has a 50 day moving average price of $16.13 and a two-hundred day moving average price of $14.18. International Container Terminal Services has a 52-week low of $7.94 and a 52-week high of $17.79.

International Container Terminal Services Company Profile

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.