Short Interest in SITC International Holdings Company Limited (OTCMKTS:SITIY) Drops By 88.9%

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 300 shares, a decrease of 88.9% from the February 28th total of 2,700 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 0.4 days.

SITC International Stock Performance

Shares of SITIY stock remained flat at $25.02 during trading hours on Friday. 19 shares of the company were exchanged, compared to its average volume of 687. SITC International has a 52-week low of $17.80 and a 52-week high of $31.97. The stock’s 50-day moving average is $24.50 and its 200-day moving average is $25.53.

About SITC International

SITC International Holdings Company Limited, a shipping logistics company, engages in the provision of integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates through two segments: Container Shipping and Logistics; and Dry Bulk and Others.