SITC International Holdings Company Limited (OTCMKTS:SITIY) Short Interest Up 400.0% in December

SITC International Holdings Company Limited (OTCMKTS:SITIY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 500 shares, an increase of 400.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 0.7 days.

SITC International Trading Down 6.3 %

Shares of OTCMKTS:SITIY traded down $4.21 on Thursday, reaching $23.90. The company had a trading volume of 207 shares, compared to its average volume of 1,298. SITC International has a 52-week low of $14.00 and a 52-week high of $31.97. The firm’s 50 day simple moving average is $26.83 and its 200-day simple moving average is $25.27.

SITC International Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 2nd. Shareholders of record on Wednesday, November 6th were paid a $0.5148 dividend. The ex-dividend date of this dividend was Wednesday, November 6th.

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.