CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) Sees Significant Increase in Short Interest

CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 54,000 shares, a growth of 7.1% from the August 31st total of 50,400 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 135.0 days.

CTT – Correios De Portugal Price Performance

OTCMKTS:CTTOF remained flat at $4.97 during trading hours on Monday. CTT – Correios De Portugal has a 12-month low of $3.55 and a 12-month high of $5.00. The business has a 50 day simple moving average of $4.72 and a two-hundred day simple moving average of $4.65.

CTT – Correios De Portugal Company Profile

CTT – Correios De Portugal, SA, together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services.