Short Interest in Citic Ltd. (OTCMKTS:CTPCY) Rises By 22.8%

Citic Ltd. (OTCMKTS:CTPCY) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,158 shares, an increase of 22.8% from the February 12th total of 1,758 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 651 shares, the days-to-cover ratio is currently 3.3 days. Based on an average daily trading volume, of 651 shares, the days-to-cover ratio is currently 3.3 days. Approximately 0.0% of the company’s stock are sold short.

Citic Price Performance

OTCMKTS:CTPCY opened at $6.78 on Tuesday. The company’s 50-day simple moving average is $7.75 and its 200-day simple moving average is $7.61. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.23 and a current ratio of 0.24. Citic has a fifty-two week low of $5.27 and a fifty-two week high of $8.49.

Citic Company Profile

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.