Citic Ltd. (OTCMKTS:CTPCY) Short Interest Update

Key Points

• Short interest plunged 96.2% to 107 shares as of April 15 (down from 2,812 on March 31), leaving a short-interest ratio of 0.0 days and about 0.0% of shares shorted.
• CTPCY traded flat at $8.30 with only 14 shares exchanged versus an average volume of 752; its 50- and 200-day moving averages are $7.66 and the 52-week range is $5.67–$8.50.
• CITIC is a diversified Chinese conglomerate and the publicly traded arm of state-owned CITIC Group, with operations spanning financial services, resources and energy, manufacturing, real estate and investment management.

Citic Ltd. (OTCMKTS:CTPCY - Get Free Report) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 107 shares, a drop of 96.2% from the March 31st total of 2,812 shares. Based on an average daily trading volume, of 2,627 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Citic Price Performance

Shares of CTPCY stock remained flat at $8.30 during midday trading on Friday. 14 shares of the stock were exchanged, compared to its average volume of 752. The business's fifty day moving average price is $7.66 and its 200 day moving average price is $7.66. 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 has a 52 week low of $5.67 and a 52 week high of $8.50.

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.

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