ZTE Co. (OTCMKTS:ZTCOF) Short Interest Up 121.8% in January

ZTE Co. (OTCMKTS:ZTCOF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 3,632,600 shares, an increase of 121.8% from the December 31st total of 1,638,000 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 1,397.2 days.

ZTE Stock Performance

Shares of ZTCOF opened at $3.35 on Friday. The stock has a fifty day moving average price of $2.65 and a 200 day moving average price of $2.39. 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.