Corporate Travel Management Limited (OTCMKTS:CTMLF – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 177 shares, a decrease of 99.7% from the August 31st total of 54,502 shares. Based on an average daily volume of 8 shares, the days-to-cover ratio is currently 22.1 days.
Corporate Travel Management Stock Performance
OTCMKTS:CTMLF remained flat at $10.75 during midday trading on Thursday. Corporate Travel Management has a one year low of $0.01 and a one year high of $10.75. The firm’s 50 day simple moving average is $10.75 and its 200 day simple moving average is $10.75.
About Corporate Travel Management
Corporate Travel Management (OTCMKTS:CTMLF) is a Brisbane-based global provider of corporate travel management services. The company works with organizations of all sizes to design, implement and oversee travel programs that help streamline bookings, optimize travel spend and enhance traveler safety. Core offerings include air, rail and ground transportation arrangements, hotel and accommodation sourcing, visa and passport support, travel risk management and 24/7 traveler assistance.
Founded in 1994 by Jamie Pherous, Corporate Travel Management has grown from a regional travel agency into an ASX-listed travel management specialist, listing in December 2014.
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