SITC International Holdings Company Limited (OTCMKTS:SITIY) Short Interest Up 52.5% in December

SITC International Holdings Company Limited (OTCMKTS:SITIY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 122 shares, an increase of 52.5% from the December 15th total of 80 shares. Based on an average daily volume of 616 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 616 shares, the days-to-cover ratio is currently 0.2 days.

SITC International Stock Performance

Shares of SITC International stock opened at $35.20 on Friday. SITC International has a one year low of $19.86 and a one year high of $40.77. The firm has a fifty day moving average of $36.23 and a two-hundred day moving average of $35.92.

About SITC International

SITC International (OTCMKTS:SITIY) is a Hong Kong–based container shipping and logistics company specializing in shortsea and regional liner services. The firm operates a fleet of owned and chartered vessels that transport containerized cargo across major trade lanes in Asia, the Middle East and Eastern Mediterranean. Its core business encompasses scheduled sailing services, vessel chartering and feeder operations, catering to shippers of consumer goods, industrial components and bulk commodities.

In addition to its liner shipping activities, SITC provides integrated logistics solutions that include inland trucking, port handling, warehousing and door-to-door delivery.