TIANCI INTERNATIONAL, INC. (NASDAQ:CIIT) Sees Significant Increase in Short Interest

TIANCI INTERNATIONAL, INC. (NASDAQ:CIIT) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 256,700 shares, a growth of 5,034.0% from the August 31st total of 5,000 shares. Currently, 3.4% of the shares of the stock are sold short. Based on an average trading volume of 196,400 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 196,400 shares, the short-interest ratio is presently 1.3 days. Currently, 3.4% of the shares of the stock are sold short.

TIANCI INTERNATIONAL Stock Up 0.2%

Shares of CIIT stock opened at $0.56 on Thursday. The company has a market cap of $8.26 million and a P/E ratio of -7.98. TIANCI INTERNATIONAL has a 12-month low of $0.51 and a 12-month high of $4.40. The company’s 50-day moving average price is $0.83.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of TIANCI INTERNATIONAL to a “strong sell” rating in a research report on Saturday, July 5th.

TIANCI INTERNATIONAL Company Profile

The Company’s primary line of business is global logistics. The Company through its subsidiary, Roshing, provides global logistics services, encompassing booking and the transportation arrangement and related logistics solutions. Roshing’s customized logistics solutions are tailored to meet the diverse needs of its customers.