CITIC Limited (OTCMKTS:CTPCY) Sees Significant Growth in Short Interest

CITIC Limited (OTCMKTS:CTPCY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, a growth of 1,500.0% from the February 29th total of 100 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 0.5 days.

CITIC Stock Down 4.7 %

Shares of CTPCY opened at $5.04 on Thursday. CITIC has a 12 month low of $4.08 and a 12 month high of $6.67. The firm’s 50 day moving average is $5.04 and its 200-day moving average is $4.73. The company has a quick ratio of 0.36, a current ratio of 0.37 and a debt-to-equity ratio of 1.22.

About CITIC

CITIC Limited operates in the financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide. The Comprehensive Financial Services segment provides banking, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services.