Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 685 shares, a growth of 93.5% from the July 30th total of 354 shares. Based on an average trading volume of 210 shares, the days-to-cover ratio is currently 3.3 days. Approximately 0.0% of the company’s stock are short sold.
Citic Price Performance
Shares of CTPCY opened at $8.45 on Tuesday. The business’s fifty day simple moving average is $7.22 and its two-hundred day simple moving average is $7.73. Citic has a 12 month low of $6.52 and a 12 month high of $8.71. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32.
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.
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