Citic Ltd. (OTCMKTS:CTPCY) Short Interest Update
by Doug Wharley · The Cerbat GemCitic Ltd. (OTCMKTS:CTPCY – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 17 shares, a drop of 59.5% from the November 30th total of 42 shares. Based on an average daily volume of 168 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 168 shares, the days-to-cover ratio is currently 0.1 days.
Citic Stock Performance
OTCMKTS:CTPCY remained flat at $7.87 during trading hours on Friday. Citic has a 1-year low of $5.27 and a 1-year high of $8.49. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.24 and a quick ratio of 0.23. The firm has a fifty day simple moving average of $7.63 and a 200-day simple moving average of $7.36.
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.