Short Interest in SITC International Holdings Company Limited (OTCMKTS:SITIY) Expands By 589.3%

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 1,675 shares, a growth of 589.3% from the January 29th total of 243 shares. Based on an average daily volume of 17,620 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 17,620 shares, the short-interest ratio is currently 0.1 days.

SITC International Price Performance

SITIY remained flat at $41.01 on Friday. 897 shares of the company traded hands, compared to its average volume of 4,533. SITC International has a 1-year low of $21.80 and a 1-year high of $43.11. The company has a 50 day moving average of $37.44 and a 200-day moving average of $37.31.

About SITC International

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.