ZTE Co. (OTCMKTS:ZTCOF – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,881,600 shares, an increase of 8,946.2% from the September 30th total of 20,800 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 896.0 days.
ZTE Price Performance
Shares of OTCMKTS ZTCOF remained flat at $2.00 during trading hours on Friday. ZTE has a twelve month low of $1.74 and a twelve month high of $3.50. The business’s 50 day simple moving average is $2.23 and its 200-day simple moving average is $2.14.
ZTE (OTCMKTS:ZTCOF – Get Free Report) last issued its earnings results on Wednesday, September 11th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $4.41 billion for the quarter.
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.
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