Short Interest in ZTE Co. (OTCMKTS:ZTCOF) Declines By 93.7%

ZTE Co. (OTCMKTS:ZTCOF) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 75,100 shares, a decrease of 93.7% from the February 29th total of 1,189,900 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 27.8 days.

ZTE Price Performance

Shares of ZTE stock opened at $1.91 on Friday. The stock has a 50 day moving average price of $1.98 and a two-hundred day moving average price of $2.29. ZTE has a 12-month low of $1.74 and a 12-month high of $4.00.

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.