SITC International Holdings Company Limited (OTCMKTS:SITIY) Short Interest Up 1,000.0% in July

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 847 shares, a growth of 1,000.0% from the July 15th total of 77 shares. Based on an average daily trading volume, of 1,637 shares, the short-interest ratio is presently 0.5 days.

SITC International Stock Performance

OTCMKTS:SITIY opened at $51.55 on Wednesday. SITC International has a 52 week low of $32.19 and a 52 week high of $51.55. The company has a fifty day simple moving average of $44.80 and a two-hundred day simple moving average of $43.41.

About SITC International

SITC International (OTCMKTS:SITIY) is a Hong Kong–based container shipping and logistics company specializing in shortsea and regional liner services. The firm operates a fleet of owned and chartered vessels that transport containerized cargo across major trade lanes in Asia, the Middle East and Eastern Mediterranean. Its core business encompasses scheduled sailing services, vessel chartering and feeder operations, catering to shippers of consumer goods, industrial components and bulk commodities.

In addition to its liner shipping activities, SITC provides integrated logistics solutions that include inland trucking, port handling, warehousing and door-to-door delivery.