Citic Ltd. (OTCMKTS:CTPCY) Short Interest Update

Citic Ltd. (OTCMKTS:CTPCY) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 685 shares, an increase of 93.5% from the July 30th total of 354 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 210 shares, the days-to-cover ratio is currently 3.3 days.

Citic Stock Up 1.2%

OTCMKTS:CTPCY traded up $0.10 during trading hours on Friday, hitting $8.45. The company had a trading volume of 1,238 shares, compared to its average volume of 172. The stock has a 50-day moving average price of $7.21 and a 200 day moving average price of $7.73. Citic has a 52 week low of $6.52 and a 52 week high of $8.71. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.23 and a current ratio of 0.24.

About Citic

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.