Sinotrans Limited (OTCMKTS:SNOTF – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 6,000 shares, a decrease of 53.8% from the September 15th total of 13,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Sinotrans Price Performance
Shares of Sinotrans stock opened at $0.65 on Thursday. The firm has a 50 day simple moving average of $0.65 and a 200 day simple moving average of $0.65. Sinotrans has a fifty-two week low of $0.51 and a fifty-two week high of $0.65.
Sinotrans Company Profile
Sinotrans Limited is a China-based logistics and supply-chain services company. The company provides integrated logistics solutions for businesses engaged in domestic and international trade, helping customers move, store and manage goods across multiple transportation channels and markets.
Its principal activities include freight forwarding, shipping agency services, contract logistics, warehousing, distribution and supply-chain management. Sinotrans also provides specialized logistics services for industries such as automotive, consumer products, electronics, energy and chemicals, as well as logistics services connected with cross-border e-commerce.
Sinotrans traces its roots to China’s foreign-trade transportation industry and operates as part of China Merchants Group.
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