PostNL (OTCMKTS:TNTFF) Short Interest Down 17.9% in April

PostNL (OTCMKTS:TNTFF) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 1,367,700 shares, a decline of 17.9% from the March 31st total of 1,665,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 13,677.0 days.

PostNL Stock Performance

Shares of PostNL stock opened at $1.13 on Friday. The firm has a fifty day simple moving average of $1.54 and a 200-day simple moving average of $1.73. PostNL has a 1-year low of $1.13 and a 1-year high of $1.13.

PostNL Company Profile

PostNL N.V. provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally. The company operates through Parcels and Mail in the Netherlands and PostNL Other segments. It collects, sorts, transports, and delivers letters and parcels; and offers data management, direct marketing, and fulfillment services, as well as cross-border mail and parcels solutions.