Short Interest in Sinotrans Limited (OTCMKTS:SNOTF) Declines By 80.0%

Sinotrans Limited (OTCMKTS:SNOTF) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 5,000 shares, a drop of 80.0% from the May 14th total of 25,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Sinotrans Price Performance

Sinotrans stock opened at $0.65 on Friday. The stock has a fifty day moving average of $0.65 and a two-hundred day moving average of $0.65. Sinotrans has a fifty-two week low of $0.51 and a fifty-two week high of $0.65.

About Sinotrans

Sinotrans Limited provides integrated logistics services primarily in the People’s Republic of China. The company operates through three segments: Agency and Related Business, Professional Logistics, and E-commerce. It offers sea freight forwarding, such as space booking, arranging transportation, container delivery and loading, storage, port concentration and dispatch, customs declaration and inspection, distribution, and delivery; air freight forwarding, including pick-up and dispatch, warehousing, packaging, booking and handling, trunk air line freight forwarding, and trucking transit services; rail freight forwarding services; shipping agency services comprising port arrival and departure, documentation, ship supplies, and other ship related services at ports; and storage and yard services, such as storage, container consolidating and devanning, cargo loading and unloading, dispatching and distribution, etc.