ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 5,944,400 shares, a growth of 171.5% from the February 28th total of 2,189,200 shares. Based on an average daily volume of 51,500 shares, the days-to-cover ratio is currently 115.4 days.

ZTE Price Performance

Shares of OTCMKTS ZTCOF opened at $3.27 on Friday. The firm has a 50-day moving average of $3.55 and a 200 day moving average of $2.81. ZTE has a 1 year low of $1.82 and a 1 year high of $4.10.

About ZTE

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.