SITC International Holdings Company Limited (OTCMKTS:SITIY – Get Free Report) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 500 shares, a decrease of 16.7% from the May 31st total of 600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 2.5 days.
SITC International Stock Performance
SITC International stock remained flat at $28.25 during mid-day trading on Friday. 37 shares of the company traded hands, compared to its average volume of 2,214. SITC International has a one year low of $13.55 and a one year high of $28.82. The company has a 50 day moving average of $24.96 and a 200 day moving average of $19.86.
SITC International Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, June 5th. Investors of record on Thursday, May 2nd were given a $0.5893 dividend. The ex-dividend date was Wednesday, May 1st.
About SITC International
SITC International Holdings Company Limited, a shipping logistics company, engages in the provision of integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates through two segments: Container Shipping and Logistics; and Dry Bulk and Others.
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