Citic Ltd. (OTCMKTS:CTPCY) Sees Significant Growth in Short Interest

Citic Ltd. (OTCMKTS:CTPCY) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,465 shares, an increase of 8,517.6% from the January 15th total of 17 shares. Based on an average daily trading volume, of 472 shares, the short-interest ratio is currently 3.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 472 shares, the short-interest ratio is currently 3.1 days.

Citic Price Performance

Shares of OTCMKTS:CTPCY remained flat at $8.14 during trading on Tuesday. 3 shares of the company were exchanged, compared to its average volume of 132. The company’s 50 day moving average price is $7.75 and its 200 day moving average price is $7.55. Citic has a 1 year low of $5.27 and a 1 year high of $8.49. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.37.

Citic Company Profile

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.