Short Interest in SITC International Holdings Company Limited (OTCMKTS:SITIY) Grows By 53.8%

SITC International Holdings Company Limited (OTCMKTS:SITIY) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,000 shares, a growth of 53.8% from the March 31st total of 1,300 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is presently 1.0 days.

SITC International Price Performance

SITIY remained flat at $19.76 during trading on Monday. The business has a fifty day simple moving average of $17.87 and a 200-day simple moving average of $16.61. SITC International has a 1-year low of $13.55 and a 1-year high of $22.79.

SITC International Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Thursday, May 2nd will be given a $0.5893 dividend. The ex-dividend date of this dividend is Wednesday, May 1st.

SITC International Company Profile

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.