SITC International Holdings Company Limited (OTCMKTS:SITIY) Sees Large Drop in Short Interest

SITC International Holdings Company Limited (OTCMKTS:SITIY) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 500 shares, a decrease of 16.7% from the May 31st total of 600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 2.5 days.

SITC International Stock Performance

Shares of SITIY stock opened at $27.00 on Tuesday. SITC International has a 12-month low of $13.55 and a 12-month high of $28.82. The firm has a 50 day moving average price of $25.08 and a two-hundred day moving average price of $19.95.

SITC International Company Profile

SITC International Holdings Company Limited, a shipping logistics company, engages in the provision of integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates through two segments: Container Shipping and Logistics; and Dry Bulk and Others.