Sinotrans Limited (OTCMKTS:SNOTF) Sees Significant Growth in Short Interest

Sinotrans Limited (OTCMKTS:SNOTF) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 2,159,000 shares, a growth of 43,080.0% from the June 30th total of 5,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Sinotrans Price Performance

OTCMKTS SNOTF opened at $0.65 on Friday. The stock’s 50-day moving average is $0.65 and its 200-day moving average is $0.65. Sinotrans has a one year low of $0.51 and a one year high of $0.65.

Sinotrans Company Profile

Sinotrans Limited provides integrated logistics services primarily in the People’s Republic of China. The company operates through three segments: Agency and Related Business, Professional Logistics, and E-commerce. It offers sea freight forwarding, such as space booking, arranging transportation, container delivery and loading, storage, port concentration and dispatch, customs declaration and inspection, distribution, and delivery; air freight forwarding, including pick-up and dispatch, warehousing, packaging, booking and handling, trunk air line freight forwarding, and trucking transit services; rail freight forwarding services; shipping agency services comprising port arrival and departure, documentation, ship supplies, and other ship related services at ports; and storage and yard services, such as storage, container consolidating and devanning, cargo loading and unloading, dispatching and distribution, etc.