CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) Sees Significant Increase in Short Interest

CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 54,000 shares, an increase of 7.1% from the August 31st total of 50,400 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 135.0 days.

CTT – Correios De Portugal Price Performance

Shares of CTTOF stock remained flat at $4.97 on Monday. CTT – Correios De Portugal has a 1 year low of $3.55 and a 1 year high of $5.00. The business’s 50 day simple moving average is $4.72 and its two-hundred day simple moving average is $4.65.

About CTT – Correios De Portugal

CTT – Correios De Portugal, SA, together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services.