Short Interest in ZTE Co. (OTCMKTS:ZTCOF) Grows By 33.5%

ZTE Co. (OTCMKTS:ZTCOF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,040,000 shares, an increase of 33.5% from the November 30th total of 2,277,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 30,400.0 days.

ZTE Stock Performance

Shares of OTCMKTS:ZTCOF opened at $2.90 on Monday. ZTE has a 12 month low of $1.74 and a 12 month high of $3.50. The business has a 50-day moving average of $2.33 and a two-hundred day moving average of $2.25.

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.