Short Interest in ZTE Co. (OTCMKTS:ZTCOF) Grows By 101.7%

ZTE Co. (OTCMKTS:ZTCOF) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 4,439,200 shares, a growth of 101.7% from the September 15th total of 2,201,300 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is presently 2,336.4 days. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is presently 2,336.4 days.

ZTE Stock Down 1.5%

Shares of ZTE stock opened at $5.03 on Wednesday. The firm’s fifty day simple moving average is $4.23 and its 200-day simple moving average is $3.29. ZTE has a 12 month low of $1.98 and a 12 month high of $5.11.

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.