Short Interest in China International Capital Co. Limited (OTCMKTS:CNICF) Declines By 40.2%

China International Capital Co. Limited (OTCMKTS:CNICF) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 158,000 shares, a drop of 40.2% from the April 30th total of 264,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China International Capital Stock Performance

CNICF opened at $2.35 on Tuesday. The stock’s 50 day simple moving average is $2.35 and its 200 day simple moving average is $2.35. China International Capital has a 1 year low of $1.28 and a 1 year high of $2.95.

China International Capital Company Profile

China International Capital Corporation Limited provides financial services in Mainland China and internationally. The company operates through six segments: Investment Banking; Equities; Fixed Income, Commodities, and Currencies (FICC); Asset Management; Private Equity; and Wealth Management. The Investment Banking segment provides investment banking services, including equity financing, debt, and structured financing and financial advisory services to corporations and institutional clients. The Equity segment offers investment research, sales, trading, and products and cross-border services, including institutional trading and capital services, such as primary brokerage, over-the-counter derivatives, capital introduction, and market-making transactions to professional investors.