ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totalling 1,638,000 shares, a decrease of 46.1% from the December 15th total of 3,040,000 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 2,730.0 days.

ZTE Price Performance

ZTCOF opened at $3.16 on Thursday. ZTE has a 52-week low of $1.74 and a 52-week high of $3.50. The business’s fifty day moving average is $2.48 and its 200-day moving average is $2.30.

ZTE Company Profile

ZTE Corporation engages in the provision of integrated communication information solutions in the People's Republic of China, rest of Asia, Africa, Europe, the United States, and Oceania. It operates through three segments: Carriers' Networks, Government and Corporate Business, and Consumer Business.