Short Interest in ZTE Co. (OTCMKTS:ZTCOF) Expands By 33.5%

ZTE Co. (OTCMKTS:ZTCOF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 3,040,000 shares, an increase 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 presently 30,400.0 days.

ZTE Trading Up 46.5 %

Shares of ZTE stock opened at $2.90 on Friday. ZTE has a 52-week low of $1.74 and a 52-week high of $3.50. The company has a 50 day moving average of $2.33 and a 200 day moving average of $2.24.

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.