China International Capital Co. Limited (OTCMKTS:CNICF) Sees Significant Decrease in Short Interest

China International Capital Co. Limited (OTCMKTS:CNICF) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 167,600 shares, a drop of 47.7% from the May 31st total of 320,400 shares. Based on an average daily volume of 9 shares, the short-interest ratio is currently 18,622.2 days.

China International Capital Stock Performance

OTCMKTS CNICF remained flat at $2.35 during trading on Thursday. China International Capital has a 1 year low of $1.28 and a 1 year high of $2.95. The stock has a fifty day moving average of $2.35 and a two-hundred day moving average of $2.35.

About China International Capital

China International Capital Corporation Limited provides financial services in Mainland China and internationally. The company operates through six segments: Investment Banking; Equities; Fixed Income, Commodities, and Currencies (FICC); Asset Management; Private Equity; and Wealth Management. The Investment Banking segment provides investment banking services, including equity financing, debt, and structured financing and financial advisory services to corporations and institutional clients. The Equity segment offers investment research, sales, trading, and products and cross-border services, including institutional trading and capital services, such as primary brokerage, over-the-counter derivatives, capital introduction, and market-making transactions to professional investors.