ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 277,800 shares, an increase of 126.2% from the July 31st total of 122,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2,778.0 days.

ZTE Stock Performance

Shares of OTCMKTS:ZTCOF opened at $2.15 on Friday. ZTE has a one year low of $1.74 and a one year high of $3.21. The business’s 50-day simple moving average is $2.10 and its 200 day simple moving average is $2.08.

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.