SITC International Holdings Company Limited (OTCMKTS:SITIY) Sees Large Decline in Short Interest

SITC International Holdings Company Limited (OTCMKTS:SITIY) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 700 shares, a decline of 75.9% from the August 31st total of 2,900 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 0.7 days.

SITC International Stock Up 7.7 %

Shares of OTCMKTS:SITIY traded up $2.00 during trading on Friday, hitting $28.00. 354 shares of the company were exchanged, compared to its average volume of 1,653. SITC International has a 1-year low of $13.55 and a 1-year high of $28.82. The business’s 50 day moving average is $22.74 and its 200-day moving average is $22.88.

About SITC International

SITC International Holdings Company Limited, a shipping logistics company, engages in the provision of integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates through two segments: Container Shipping and Logistics; and Dry Bulk and Others.