China International Capital Co. Limited (OTCMKTS:CNICF) Sees Large Drop in Short Interest

China International Capital Co. Limited (OTCMKTS:CNICF) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 167,600 shares, a decrease of 47.7% from the May 31st total of 320,400 shares. Based on an average daily trading volume, of 9 shares, the days-to-cover ratio is currently 18,622.2 days.

China International Capital Stock Performance

China International Capital stock opened at $2.35 on Tuesday. The stock has a 50-day moving average price of $2.35 and a 200 day moving average price of $2.35. China International Capital has a 52 week low of $1.28 and a 52 week 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.