ZTE Co. (OTCMKTS:ZTCOF) Sees Large Decrease in Short Interest

ZTE Co. (OTCMKTS:ZTCOF) saw a large drop in short interest in September. As of September 15th, there was short interest totalling 16,200 shares, a drop of 33.3% from the August 31st total of 24,300 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 18.0 days.

ZTE Price Performance

Shares of ZTCOF opened at $2.41 on Friday. ZTE has a 52-week low of $1.74 and a 52-week high of $2.97. The business’s 50 day moving average price is $2.04 and its two-hundred day moving average price is $2.08.

ZTE Company Profile

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.