Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 330 shares, a growth of 65.8% from the June 30th total of 199 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 228 shares, the short-interest ratio is presently 1.4 days.
Citic Price Performance
Shares of CTPCY stock remained flat at $6.66 during trading hours on Friday. The stock’s 50-day moving average is $7.59 and its 200 day moving average is $7.77. Citic has a 52 week low of $6.52 and a 52 week high of $8.71. The company has a debt-to-equity ratio of 1.32, 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.
Featured Stories
- Five stocks we like better than Citic
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
- Peeling Out or Breaking Down? Ford’s High-Stakes Turnaround
- Generac’s AI Power Story Is Becoming Bigger Than the Weather
Receive News & Ratings for Citic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citic and related companies with MarketBeat.com's FREE daily email newsletter.
