ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOFGet Rating) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 592,700 shares, a drop of 19.6% from the March 31st total of 737,200 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is currently 257.7 days.

Shares of ZTE stock opened at $1.93 on Tuesday. ZTE has a 12 month low of $1.71 and a 12 month high of $4.02. The stock’s fifty day moving average price is $2.06 and its 200-day moving average price is $2.54.

ZTE Company Profile (Get Rating)

ZTE Corporation provides 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. The Carriers' Network segment provides wireless access, wireline access, bearer systems, core networks, telecommunication software systems and services, and other technologies and product solutions for meeting carries' requirements.

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