Short Interest in PostNL (OTCMKTS:TNTFF) Decreases By 25.5%

PostNL (OTCMKTS:TNTFF) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 1,300,851 shares, a decline of 25.5% from the December 15th total of 1,747,191 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

PostNL Price Performance

PostNL stock opened at $1.27 on Friday. The stock’s 50 day simple moving average is $1.16 and its two-hundred day simple moving average is $1.12. PostNL has a fifty-two week low of $1.14 and a fifty-two week high of $1.27.

About PostNL

PostNL NV is a leading provider of postal and logistics services in the Netherlands, specializing in the delivery of mail, parcels and e-commerce solutions. The company offers end-to-end logistics support, including fulfillment, direct marketing, warehousing and supply chain management, designed to meet the needs of both consumers and business clients. Its service portfolio also encompasses last-mile delivery, digital tracking and returns management to support a wide range of customer requirements.

Tracing its roots to the early Dutch state postal service of the 18th century, PostNL became an independent listed company in October 2011 following its spin-off from Royal KPN N.V.