Citic Ltd. (OTCMKTS:CTPCY) Sees Large Growth in Short Interest

Citic Ltd. (OTCMKTS:CTPCY) was the recipient of a significant growth in short interest during 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. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 131 shares, the short-interest ratio is currently 1.2 days.

Citic Stock Performance

CTPCY stock opened at $8.38 on Tuesday. The company has a fifty day moving average price of $8.37 and a 200-day moving average price of $7.90. Citic has a 52-week low of $6.50 and a 52-week high of $8.71. The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 1.32.

Citic Company Profile

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.