Short Interest in China International Capital Co. Limited (OTCMKTS:CNICF) Rises By 110.7%
by Doug Wharley · The Cerbat GemChina International Capital Co. Limited (OTCMKTS:CNICF – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 460,992 shares, an increase of 110.7% from the July 15th total of 218,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
China International Capital Stock Performance
CNICF stock remained flat at $2.35 during trading hours on Friday. The firm’s fifty day moving average is $2.35 and its 200-day moving average is $2.35. China International Capital has a 12-month low of $1.28 and a 12-month high of $2.95.
About China International Capital
China International Capital Corporation Limited provides financial services in Mainland China and internationally. The company operates through six segments: Investment Banking; Equities; Fixed Income, Commodities, and Currencies (FICC); Asset Management; Private Equity; and Wealth Management. The Investment Banking segment provides investment banking services, including equity financing, debt, and structured financing and financial advisory services to corporations and institutional clients. The Equity segment offers investment research, sales, trading, and products and cross-border services, including institutional trading and capital services, such as primary brokerage, over-the-counter derivatives, capital introduction, and market-making transactions to professional investors.