Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 163 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 131 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the company’s shares are short sold.
Citic Stock Performance
Shares of OTCMKTS:CTPCY opened at $8.38 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 1.32. Citic has a 12 month low of $6.50 and a 12 month high of $8.71. The company has a 50-day moving average price of $8.35 and a 200 day moving average price of $7.89.
About Citic
CITIC (OTCMKTS: CTPCY) is a diversified Chinese conglomerate and the publicly traded arm of CITIC Group, a state-owned investment company. The company operates as an investment holding platform with businesses spanning financial services, resources and energy, manufacturing, engineering contracting, real estate, and investment and asset management. Through its portfolio of operating units and equity investments, CITIC participates in both commercial and industrial activities across multiple sectors.
In financial services, CITIC’s activities typically include banking, securities, trust and other capital market-related businesses conducted via holdings and strategic investments.
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