SITC International Holdings Company Limited (OTCMKTS:SITIY) Sees Large Increase in Short Interest

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,700 shares, a growth of 285.7% from the February 13th total of 700 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 2.3 days.

SITC International Price Performance

Shares of SITC International stock opened at $26.37 on Thursday. The business’s fifty day simple moving average is $24.54 and its 200-day simple moving average is $25.31. SITC International has a 52 week low of $15.65 and a 52 week high of $31.97.

SITC International Company Profile

SITC International Holdings Company Limited, a shipping logistics company, engages in the provision of integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates through two segments: Container Shipping and Logistics; and Dry Bulk and Others.