PostNL (OTCMKTS:TNTFF – Get Rating) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 1,509,200 shares, a decline of 48.9% from the June 30th total of 2,953,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 15,092.0 days.
Analyst Ratings Changes
Separately, Barclays decreased their price objective on shares of PostNL from €2.70 ($2.76) to €2.50 ($2.55) in a research report on Thursday, July 14th.
PostNL Price Performance
Shares of TNTFF stock opened at $2.76 on Friday. The firm has a 50-day moving average price of $3.26 and a 200 day moving average price of $3.69. PostNL has a twelve month low of $2.76 and a twelve month high of $4.53.
PostNL Company Profile
PostNL N.V. provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally. The company operates in two segments, Parcels, Mail in the Netherlands; and PostNL Other. It collects, sorts, transports, and delivers letters and parcels; and offers data and document management, direct marketing, and fulfillment services, as well as cross-border mail solutions.
- Get a free copy of the StockNews.com research report on PostNL (TNTFF)
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