CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) Sees Large Growth in Short Interest

CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 20,168 shares, a growth of 70.8% from the September 30th total of 11,805 shares. Based on an average trading volume of 559 shares, the short-interest ratio is presently 36.1 days.

CTT – Correios De Portugal Price Performance

OTCMKTS:CTTOF opened at $6.03 on Tuesday. CTT – Correios De Portugal has a fifty-two week low of $6.03 and a fifty-two week high of $8.72. The business has a 50 day moving average price of $6.82 and a 200-day moving average price of $7.27.

CTT – Correios De Portugal Company Profile

(Get Free Report)

CTT – Correios de Portugal, SA is Portugal’s national postal service provider and one of the country’s longest-established companies, tracing its origins to 1520. The company provides mail collection, processing and delivery services, including traditional correspondence, registered mail and direct marketing solutions for individuals, businesses and public-sector organizations.

CTT also operates in express delivery and logistics through services designed for domestic and international parcels, e-commerce fulfillment and business shipments.

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