Short Interest in China International Capital Co. Limited (OTCMKTS:CNICF) Drops By 40.2%

China International Capital Co. Limited (OTCMKTS:CNICF) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 158,000 shares, a decline of 40.2% from the April 30th total of 264,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

China International Capital Stock Performance

CNICF opened at $2.35 on Wednesday. The business has a 50-day moving average of $2.35 and a two-hundred day moving average of $2.35. China International Capital has a 12 month low of $1.28 and a 12 month high of $2.95.

About China International Capital

China International Capital Corporation Limited provides financial services in Mainland China and internationally. The company operates through six segments: Investment Banking; Equities; Fixed Income, Commodities, and Currencies (FICC); Asset Management; Private Equity; and Wealth Management. The Investment Banking segment provides investment banking services, including equity financing, debt, and structured financing and financial advisory services to corporations and institutional clients. The Equity segment offers investment research, sales, trading, and products and cross-border services, including institutional trading and capital services, such as primary brokerage, over-the-counter derivatives, capital introduction, and market-making transactions to professional investors.