Tianci International, Inc. (NASDAQ:CIIT) Short Interest Down 77.4% in April

Tianci International, Inc. (NASDAQ:CIIT – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 89,178 shares, a decline of 77.4% from the April 15th total of 394,959 shares. Based on an average daily trading volume, of 120,832 shares, the days-to-cover ratio is currently 0.7 days. Currently, 5.7% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Tianci International in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Get Tianci International alerts:

View Our Latest Research Report on CIIT

Tianci International Stock Performance

Shares of NASDAQ CIIT traded down $0.07 during midday trading on Wednesday, hitting $1.28. 40,753 shares of the company’s stock traded hands, compared to its average volume of 1,071,481. Tianci International has a 1 year low of $1.15 and a 1 year high of $18.01. The stock has a market capitalization of $4.63 million and a price-to-earnings ratio of -0.96. The firm has a fifty day moving average of $1.74 and a 200 day moving average of $2.89.

About Tianci International

(Get Free Report)

The Company’s primary line of business is global logistics. The Company through its subsidiary, Roshing, provides global logistics services, encompassing booking and the transportation arrangement and related logistics solutions. Roshing’s customized logistics solutions are tailored to meet the diverse needs of its customers. As a logistics shipping operator, Roshing focuses on ocean freight forwarding services, including container shipping and bulk goods shipping service. For the container shipping service, Roshing charters cargo space from shipping suppliers (such as shipowners, ship carrier or non-vessel operating common carriers) and then sub-charters that cargo space to its customers (cargo owners or cargo agents).

See Also

• Five stocks we like better than Tianci International
• D-Wave Earnings Looked Weak, But Investors May Be Missing This
• Nebius Upside Expands as AI Feedback Loop Intensifies
• Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
• Plug Power Flips The Switch On Profitability

Receive News & Ratings for Tianci International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tianci International and related companies with MarketBeat.com's FREE daily email newsletter.