Short Interest in Citic Ltd. (OTCMKTS:CTPCY) Increases By 22.8%

Citic Ltd. (OTCMKTS:CTPCY) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 2,158 shares, an increase of 22.8% from the February 12th total of 1,758 shares. Based on an average trading volume of 651 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 651 shares, the days-to-cover ratio is currently 3.3 days.

Citic Stock Performance

Shares of CTPCY opened at $6.78 on Monday. The business’s 50-day moving average is $7.77 and its 200-day moving average is $7.61. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.37. Citic has a fifty-two week low of $5.27 and a fifty-two week high of $8.49.

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.