Citic Ltd. (OTCMKTS:CTPCY) Short Interest Down 96.2% in April
by Teresa Graham · The Cerbat GemCitic Ltd. (OTCMKTS:CTPCY – Get Free Report) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totaling 107 shares, a decline of 96.2% from the March 31st total of 2,812 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,627 shares, the short-interest ratio is presently 0.0 days.
Citic Stock Performance
Shares of OTCMKTS CTPCY remained flat at $8.30 during trading on Friday. 15 shares of the company’s stock were exchanged, compared to its average volume of 752. Citic has a one year low of $5.67 and a one year high of $8.50. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32. The business’s 50 day moving average is $7.66 and its 200 day moving average is $7.67.
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.