Citic Ltd. (OTCMKTS:CTPCY) Short Interest Up 32.9% in March

Citic Ltd. (OTCMKTS:CTPCY) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 2,868 shares, a growth of 32.9% from the February 26th total of 2,158 shares. Based on an average trading volume of 908 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.0% of the company’s stock are sold short.

Citic Price Performance

Shares of OTCMKTS:CTPCY opened at $7.32 on Tuesday. Citic has a 52 week low of $5.27 and a 52 week high of $8.49. The company’s 50 day moving average is $7.65 and its two-hundred day moving average is $7.58. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.24 and a quick ratio of 0.23.

About Citic

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.