Short Interest in SITC International Holdings Company Limited (OTCMKTS:SITIY) Rises By 400.0%

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 500 shares, a growth of 400.0% from the November 30th total of 100 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 0.7 days.

SITC International Price Performance

Shares of OTCMKTS SITIY remained flat at $23.90 during mid-day trading on Friday. 93 shares of the stock were exchanged, compared to its average volume of 1,298. The business has a 50-day simple moving average of $26.79 and a two-hundred day simple moving average of $25.25. SITC International has a 1-year low of $14.00 and a 1-year high of $31.97.

SITC International Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 2nd. Investors of record on Wednesday, November 6th were given a dividend of $0.5148 per share. The ex-dividend date was Wednesday, November 6th.

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.