Short Interest in Citic Ltd. (OTCMKTS:CTPCY) Increases By 93.5%

Citic Ltd. (OTCMKTS:CTPCY) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 685 shares, a growth of 93.5% from the July 30th total of 354 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 210 shares, the short-interest ratio is currently 3.3 days.

Citic Price Performance

Shares of CTPCY opened at $8.45 on Monday. Citic has a fifty-two week low of $6.52 and a fifty-two week high of $8.71. The stock has a fifty day moving average of $7.21 and a two-hundred day moving average of $7.73. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32.

Citic Company Profile

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.