SITC International Holdings Company Limited (OTCMKTS:SITIY) Short Interest Update

SITC International Holdings Company Limited (OTCMKTS:SITIY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 122 shares, an increase of 52.5% from the December 15th total of 80 shares. Based on an average daily volume of 616 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 616 shares, the short-interest ratio is presently 0.2 days.

SITC International Stock Performance

Shares of SITIY stock remained flat at $35.20 during trading on Friday. The company had a trading volume of 6 shares, compared to its average volume of 216. SITC International has a fifty-two week low of $19.86 and a fifty-two week high of $40.77. The stock’s 50 day simple moving average is $36.12 and its 200-day simple moving average is $35.97.

SITC International Company Profile

SITC International (OTCMKTS:SITIY) is a Hong Kong–based container shipping and logistics company specializing in shortsea and regional liner services. The firm operates a fleet of owned and chartered vessels that transport containerized cargo across major trade lanes in Asia, the Middle East and Eastern Mediterranean. Its core business encompasses scheduled sailing services, vessel chartering and feeder operations, catering to shippers of consumer goods, industrial components and bulk commodities.

In addition to its liner shipping activities, SITC provides integrated logistics solutions that include inland trucking, port handling, warehousing and door-to-door delivery.