International Container Terminal Services, Inc. (OTCMKTS:ICTEF) Stock Short Interest Drops 60.0%

International Container Terminal Services, Inc. (OTCMKTS:ICTEF) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,587 shares, a drop of 60.0% from the August 31st total of 3,966 shares. Based on an average daily trading volume, of 6,786 shares, the days-to-cover ratio is currently 0.2 days.

International Container Terminal Services Stock Up 2.2%

Shares of International Container Terminal Services stock traded up $0.31 during trading on Tuesday, reaching $14.41. 5,840 shares of the company traded hands, compared to its average volume of 3,491. International Container Terminal Services has a 1-year low of $8.26 and a 1-year high of $17.79. The company has a 50 day moving average price of $15.80 and a 200-day moving average price of $14.34.

About International Container Terminal Services

International Container Terminal Services, Inc (ICTSI) is a Philippines-based port operator that develops, manages and operates container terminals and other cargo-handling facilities. The company provides services including vessel and container handling, storage, cargo transfer, terminal support and related logistics solutions for shipping lines, importers and exporters.

Founded in 1987, ICTSI operates the Manila International Container Terminal, one of the principal container terminals serving the Philippines.