SITC International Holdings Company Limited (OTCMKTS:SITIY) Short Interest Up 85.6% in June

SITC International Holdings Company Limited (OTCMKTS:SITIY) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 362 shares, an increase of 85.6% from the June 15th total of 195 shares. Based on an average daily volume of 1,710 shares, the short-interest ratio is currently 0.2 days.

SITC International Stock Down 1.4%

Shares of SITC International stock opened at $43.36 on Friday. SITC International has a twelve month low of $28.62 and a twelve month high of $46.93. The firm’s 50-day moving average price is $43.32 and its 200 day moving average price is $41.64.

SITC International Company Profile

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.