Short Interest in SITC International Holdings Company Limited (OTCMKTS:SITIY) Rises By 52.5%

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 122 shares, a growth of 52.5% from the December 15th total of 80 shares. Based on an average daily trading volume, of 616 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 616 shares, the short-interest ratio is currently 0.2 days.

SITC International Price Performance

SITC International stock remained flat at $35.20 during mid-day trading on Friday. The company had a trading volume of 6 shares, compared to its average volume of 216. The firm’s 50 day moving average is $36.12 and its 200-day moving average is $35.94. SITC International has a fifty-two week low of $19.86 and a fifty-two week high of $40.77.

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.