Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 1,758 shares, an increase of 20.0% from the January 29th total of 1,465 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 73 shares, the days-to-cover ratio is currently 24.1 days. Based on an average trading volume of 73 shares, the days-to-cover ratio is currently 24.1 days. Currently, 0.0% of the company’s stock are short sold.
Citic Trading Down 1.7%
CTPCY stock opened at $7.73 on Wednesday. Citic has a fifty-two week low of $5.27 and a fifty-two week high of $8.49. The business’s 50 day moving average price is $7.87 and its two-hundred day moving average price is $7.65. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.37.
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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