ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 2,189,200 shares, a drop of 77.6% from the February 13th total of 9,776,100 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is presently 561.3 days.

ZTE Price Performance

ZTE stock remained flat at $3.50 during midday trading on Wednesday. The firm has a fifty day simple moving average of $3.37 and a 200-day simple moving average of $2.69. ZTE has a 52-week low of $1.82 and a 52-week high of $4.10.

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.