SITC International Holdings Company Limited (OTCMKTS:SITIY) Short Interest Down 88.9% in March

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a decline of 88.9% from the February 28th total of 2,700 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 0.4 days.

SITC International Price Performance

Shares of OTCMKTS SITIY remained flat at $25.02 during midday trading on Wednesday. 9 shares of the stock were exchanged, compared to its average volume of 687. The firm has a fifty day moving average of $24.42 and a 200 day moving average of $25.53. SITC International has a fifty-two week low of $17.80 and a fifty-two week high of $31.97.

SITC International Company Profile

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.