Short Interest in SITC International Holdings Company Limited (OTCMKTS:SITIY) Increases By 100.0%

SITC International Holdings Company Limited (OTCMKTS:SITIY) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 600 shares, a growth of 100.0% from the May 15th total of 300 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 0.7 days.

SITC International Price Performance

SITC International stock remained flat at $26.02 during midday trading on Friday. 22 shares of the company were exchanged, compared to its average volume of 2,297. SITC International has a 12 month low of $13.55 and a 12 month high of $27.29. The stock has a 50-day simple moving average of $23.25 and a two-hundred day simple moving average of $18.95.

SITC International Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Thursday, May 2nd were paid a $0.5893 dividend. The ex-dividend date was Wednesday, May 1st.

About SITC International

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.