ZTE Co. (OTCMKTS:ZTCOF) Short Interest Down 46.1% in January

ZTE Co. (OTCMKTS:ZTCOF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,638,000 shares, a decrease of 46.1% from the December 31st total of 3,040,000 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 2,730.0 days.

ZTE Price Performance

ZTE stock opened at $3.40 on Wednesday. The business’s fifty day simple moving average is $2.61 and its two-hundred day simple moving average is $2.37. ZTE has a 12 month low of $1.74 and a 12 month high of $3.50.

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.