PTL Limited (NASDAQ:PTLE) Short Interest Up 67.5% in July

PTL Limited (NASDAQ:PTLE) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 26,900 shares, an increase of 67.5% from the June 30th total of 16,060 shares. Based on an average trading volume of 96,167 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of PTL from a “sell (d)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

PTL Stock Performance

Shares of NASDAQ:PTLE opened at $9.95 on Friday. PTL has a 52-week low of $4.00 and a 52-week high of $36.00. The business has a fifty day moving average of $7.30 and a two-hundred day moving average of $7.53.

About PTL

PTL Limited is an established bunkering facilitator providing marine fuel logistics services for vessel refueling, primarily container ships, bulk carriers, general cargo vessels and chemical tankers principally serving the Asia Pacific market. PTL Limited is based in Hong Kong.