SITC International Holdings Company Limited (OTCMKTS:SITIY – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 500 shares, a decline of 16.7% from the May 31st total of 600 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 2.5 days.
SITC International Stock Performance
Shares of SITC International stock remained flat at $28.25 on Friday. 37 shares of the stock were exchanged, compared to its average volume of 2,214. The business has a 50-day simple moving average of $24.96 and a 200 day simple moving average of $19.86. SITC International has a twelve month low of $13.55 and a twelve month high of $28.82.
SITC International Cuts Dividend
The business also recently declared a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Thursday, May 2nd were paid a $0.5893 dividend. The ex-dividend date of this dividend 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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