Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 163 shares, a growth of ? from the May 14th total of 0 shares. Based on an average daily volume of 131 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.0% of the company’s shares are sold short.
Citic Price Performance
Citic stock opened at $8.38 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.24 and a quick ratio of 0.23. Citic has a 1-year low of $6.50 and a 1-year high of $8.71. The company’s 50-day moving average is $8.35 and its 200 day moving average is $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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