ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 2,189,200 shares, a decrease 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 currently 561.3 days.

ZTE Price Performance

Shares of ZTCOF opened at $3.50 on Thursday. ZTE has a 1-year low of $1.82 and a 1-year high of $4.10. The firm’s 50-day moving average price is $3.38 and its 200-day moving average price is $2.70.

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.