ZTE Co. (OTCMKTS:ZTCOF – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 20,800 shares, a growth of 28.4% from the September 15th total of 16,200 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 14.9 days.
ZTE Stock Up 10.4 %
Shares of ZTCOF opened at $2.75 on Monday. ZTE has a one year low of $1.74 and a one year high of $3.50. The business has a fifty day moving average of $2.17 and a 200 day moving average of $2.13.
ZTE (OTCMKTS:ZTCOF – Get Free Report) last announced its quarterly earnings data on Wednesday, September 11th. The company reported $0.09 EPS for the quarter. The business had revenue of $4.41 billion during the quarter.
About ZTE
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.
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