ZTE Co. (OTCMKTS:ZTCOF) Sees Significant Growth in Short Interest

ZTE Co. (OTCMKTS:ZTCOFGet Free Report) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 2,277,600 shares, a growth of 57.2% from the November 15th total of 1,448,600 shares. Based on an average daily volume of 13,700 shares, the short-interest ratio is presently 166.2 days.

ZTE Price Performance

Shares of ZTCOF stock opened at $1.98 on Friday. ZTE has a 52 week low of $1.74 and a 52 week high of $3.50. The firm has a 50 day moving average of $2.45 and a two-hundred day moving average of $2.25.

ZTE (OTCMKTS:ZTCOFGet Free Report) last announced its quarterly earnings data on Wednesday, September 11th. The company reported $0.09 EPS for the quarter. The firm had revenue of $4.41 billion during the quarter.

About ZTE

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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.

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