Short Interest in Sinotrans Limited (OTCMKTS:SNOTF) Expands By 43,080.0%

Sinotrans Limited (OTCMKTS:SNOTF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 2,159,000 shares, an increase of 43,080.0% from the June 30th total of 5,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

Sinotrans Stock Performance

Shares of Sinotrans stock remained flat at $0.65 during midday trading on Friday. The firm’s 50 day moving average is $0.65 and its two-hundred day moving average is $0.65. Sinotrans has a one year low of $0.51 and a one year high of $0.65.

About Sinotrans

Sinotrans Limited provides integrated logistics services primarily in the People’s Republic of China. The company operates through three segments: Agency and Related Business, Professional Logistics, and E-commerce. It offers sea freight forwarding, such as space booking, arranging transportation, container delivery and loading, storage, port concentration and dispatch, customs declaration and inspection, distribution, and delivery; air freight forwarding, including pick-up and dispatch, warehousing, packaging, booking and handling, trunk air line freight forwarding, and trucking transit services; rail freight forwarding services; shipping agency services comprising port arrival and departure, documentation, ship supplies, and other ship related services at ports; and storage and yard services, such as storage, container consolidating and devanning, cargo loading and unloading, dispatching and distribution, etc.