Citic Ltd. (OTCMKTS:CTPCY) Sees Large Growth in Short Interest

Citic Ltd. (OTCMKTS:CTPCY) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 1,758 shares, a growth of 20.0% from the January 29th total of 1,465 shares. Based on an average daily volume of 73 shares, the days-to-cover ratio is currently 24.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 73 shares, the days-to-cover ratio is currently 24.1 days.

Citic Price Performance

CTPCY stock opened at $7.73 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.23 and a current ratio of 0.24. Citic has a 1-year low of $5.27 and a 1-year high of $8.49. The business has a 50 day simple moving average of $7.86 and a two-hundred day simple moving average of $7.65.

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.