Short Interest in Citic Ltd. (OTCMKTS:CTPCY) Rises By 32.9%

Citic Ltd. (OTCMKTS:CTPCY - Get Free Report) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 2,868 shares, a growth of 32.9% from the February 26th total of 2,158 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 908 shares, the short-interest ratio is currently 3.2 days.Citic Stock PerformanceShares of CTPCY stock remained flat at $7.32 during trading hours on Friday. 22 shares of the stock traded hands, compared to its average volume of 317. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.23 and a current ratio of 0.24. Citic has a twelve month low of $5.27 and a twelve month high of $8.49. The firm has a 50 day moving average price of $7.66 and a 200-day moving average price of $7.59. About Citic (Get Free Report)CITIC OTCMKTS: CTPCY is a diversified Chinese conglomerate and the publicly traded arm of CITIC Group, a state-owned investment company. The company operates as an investment holding platform with businesses spanning financial services, resources and energy, manufacturing, engineering contracting, real estate, and investment and asset management. Through its portfolio of operating units and equity investments, CITIC participates in both commercial and industrial activities across multiple sectors. In financial services, CITIC's activities typically include banking, securities, trust and other capital market-related businesses conducted via holdings and strategic investments.See AlsoFive stocks we like better than CiticThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Citic Right Now?Before you consider Citic, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Citic wasn't on the list.While Citic currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here