SITC International Holdings Company Limited (OTCMKTS:SITIY) Short Interest Update

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 195 shares, a decrease of 87.8% from the May 31st total of 1,604 shares. Based on an average daily volume of 1,533 shares, the short-interest ratio is presently 0.1 days.

SITC International Trading Down 2.4%

SITC International stock traded down $1.02 during mid-day trading on Friday, hitting $40.73. 201 shares of the company traded hands, compared to its average volume of 2,132. SITC International has a one year low of $28.62 and a one year high of $46.93. The stock has a fifty day moving average price of $43.62 and a 200-day moving average price of $40.98.

About SITC International

SITC International (OTCMKTS:SITIY) is a Hong Kong–based container shipping and logistics company specializing in shortsea and regional liner services. The firm operates a fleet of owned and chartered vessels that transport containerized cargo across major trade lanes in Asia, the Middle East and Eastern Mediterranean. Its core business encompasses scheduled sailing services, vessel chartering and feeder operations, catering to shippers of consumer goods, industrial components and bulk commodities.

In addition to its liner shipping activities, SITC provides integrated logistics solutions that include inland trucking, port handling, warehousing and door-to-door delivery.