CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) Sees Significant Growth in Short Interest

CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 29,900 shares, an increase of 26.7% from the February 13th total of 23,600 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 149.5 days.

CTT – Correios De Portugal Price Performance

Shares of OTCMKTS CTTOF opened at $7.50 on Wednesday. CTT – Correios De Portugal has a 1-year low of $4.40 and a 1-year high of $7.59. The business has a 50-day moving average of $6.10 and a 200-day moving average of $5.20.

CTT – Correios De Portugal Company Profile

CTT – Correios De Portugal, SA, together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services.