Sinotrans Limited (OTCMKTS:SNOTF) Shares Shorted: Short Interest Down 53.8% in September

Sinotrans Limited (OTCMKTS:SNOTF) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 6,000 shares, a decline of 53.8% from the September 15th total of 13,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Sinotrans Price Performance

Shares of OTCMKTS:SNOTF remained flat at $0.65 during trading on Tuesday. Sinotrans has a fifty-two week low of $0.51 and a fifty-two week high of $0.65. The company’s 50-day moving average is $0.65 and its 200 day moving average is $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.