Short Interest in ZTE Co. (OTCMKTS:ZTCOF) Increases By 126.2%

ZTE Co. (OTCMKTS:ZTCOF) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 277,800 shares, a growth of 126.2% from the July 31st total of 122,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2,778.0 days.

ZTE Stock Performance

ZTCOF stock opened at $2.15 on Friday. ZTE has a 52-week low of $1.74 and a 52-week high of $3.21. The company’s 50 day simple moving average is $2.10 and its 200-day simple moving average is $2.08.

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.