CITIC Limited (OTCMKTS:CTPCY) Sees Significant Increase in Short Interest

CITIC Limited (OTCMKTS:CTPCY) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,300 shares, an increase of 85.7% from the January 31st total of 700 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 2.6 days.

CITIC Stock Performance

Shares of OTCMKTS CTPCY opened at $5.90 on Tuesday. The stock’s 50-day moving average is $5.72 and its two-hundred day moving average is $5.58. CITIC has a 1-year low of $4.27 and a 1-year high of $6.51.

About CITIC

CITIC Limited operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide. The Comprehensive Financial Services segment provides banking, investment research, securities brokerage, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services.