CITIC Limited (OTCMKTS:CTPCY) Sees Large Decline in Short Interest

CITIC Limited (OTCMKTS:CTPCY – Get Rating) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 500 shares, a decrease of 50.0% from the April 30th total of 1,000 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 2.5 days.

CITIC Price Performance

OTCMKTS:CTPCY opened at $5.96 on Friday. The business has a fifty day moving average of $6.08 and a 200-day moving average of $5.59. CITIC has a 1 year low of $4.39 and a 1 year high of $6.67.

About CITIC

(Get Rating)

CITIC Limited operates in the financial services, resources and energy, manufacturing, engineering contracting, advanced materials, consumption, and urbanization businesses worldwide. The company's Comprehensive Financial Services segment provides banking, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services.