ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 9,776,100 shares, a growth of 159.5% from the January 31st total of 3,767,200 shares. Based on an average daily trading volume, of 52,700 shares, the days-to-cover ratio is presently 185.5 days.

ZTE Stock Performance

Shares of ZTCOF stock opened at $3.77 on Friday. ZTE has a 1-year low of $1.82 and a 1-year high of $4.10. The stock’s fifty day simple moving average is $3.21 and its 200-day simple moving average is $2.61.

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.