Sinotrans Limited (OTCMKTS:SNOTF) Short Interest Up 104.9% in April

Sinotrans Limited (OTCMKTS:SNOTF) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 51,224 shares, an increase of 104.9% from the April 15th total of 25,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Sinotrans Price Performance

Shares of SNOTF remained flat at $0.65 during mid-day trading on Friday. Sinotrans has a one year low of $0.51 and a one year high of $0.65. The business’s fifty day moving average is $0.65 and its 200-day moving average is $0.65.

About Sinotrans

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.