ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

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

ZTE Trading Up 46.5 %

OTCMKTS:ZTCOF opened at $2.90 on Friday. ZTE has a one year low of $1.74 and a one year high of $3.50. The firm’s 50 day simple moving average is $2.33 and its 200 day simple moving average is $2.24.

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.