ZTE Co. (OTCMKTS:ZTCOF) Short Interest Up 121.8% in January

ZTE Co. (OTCMKTS:ZTCOF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 3,632,600 shares, a growth of 121.8% from the December 31st total of 1,638,000 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is currently 1,397.2 days.

ZTE Price Performance

ZTCOF opened at $3.35 on Friday. The company’s 50 day simple moving average is $2.64 and its two-hundred day simple moving average is $2.38. ZTE has a 1-year low of $1.74 and a 1-year high of $3.50.

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.