Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 954 shares, an increase of 51.9% from the August 31st total of 628 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,272 shares, the short-interest ratio is presently 0.1 days.
Citic Stock Performance
Shares of OTCMKTS:CTPCY opened at $9.00 on Thursday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.23 and a current ratio of 0.24. The firm has a fifty day moving average price of $7.91 and a 200 day moving average price of $7.86. Citic has a fifty-two week low of $6.52 and a fifty-two week high of $9.50.
Citic Company Profile
CITIC Limited is a China-based conglomerate with operations spanning financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate and consumer-related businesses. The company serves corporate, institutional and retail customers through a diversified portfolio of businesses.
Its financial services activities include banking, trust, securities, insurance and asset management. Other operations are involved in the exploration and processing of natural resources, special steel and heavy equipment manufacturing, infrastructure development, construction and engineering services, property development, and the production or distribution of consumer products.
CITIC traces its origins to the establishment of China International Trust and Investment Corporation in 1979.
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