SITC International Holdings Company Limited (OTCMKTS:SITIY – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 362 shares, a growth of 85.6% from the June 15th total of 195 shares. Based on an average trading volume of 1,710 shares, the short-interest ratio is currently 0.2 days.
SITC International Trading Up 5.3%
Shares of OTCMKTS SITIY opened at $45.65 on Friday. The stock has a 50 day moving average price of $43.40 and a 200 day moving average price of $41.66. SITC International has a 52-week low of $28.62 and a 52-week high of $46.93.
About SITC International
SITC International (OTCMKTS:SITIY) is a Hong Kong–based container shipping and logistics company specializing in shortsea and regional liner services. The firm operates a fleet of owned and chartered vessels that transport containerized cargo across major trade lanes in Asia, the Middle East and Eastern Mediterranean. Its core business encompasses scheduled sailing services, vessel chartering and feeder operations, catering to shippers of consumer goods, industrial components and bulk commodities.
In addition to its liner shipping activities, SITC provides integrated logistics solutions that include inland trucking, port handling, warehousing and door-to-door delivery.
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