SITC International Holdings Company Limited (OTCMKTS:SITIY – Get Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 362 shares, a growth of 85.6% from the June 15th total of 195 shares. Based on an average daily volume of 1,710 shares, the days-to-cover ratio is currently 0.2 days.
SITC International Stock Performance
Shares of OTCMKTS:SITIY opened at $45.65 on Friday. SITC International has a 12-month low of $28.62 and a 12-month high of $46.93. The company’s 50 day moving average price is $43.40 and its two-hundred day moving average price is $41.66.
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.
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