Corporate Travel Management Limited (OTCMKTS:CTMLF) Short Interest Up 116.6% in August

Corporate Travel Management Limited (OTCMKTS:CTMLF) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 566,600 shares, a growth of 116.6% from the August 15th total of 261,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 5,666.0 days.

Corporate Travel Management Price Performance

Shares of CTMLF remained flat at $8.78 during midday trading on Friday. The company’s 50-day moving average is $9.09 and its 200 day moving average is $10.60. Corporate Travel Management has a 12-month low of $8.78 and a 12-month high of $8.78.

Corporate Travel Management Company Profile

Corporate Travel Management Limited, a travel management solutions company, manages the procurement and delivery of travel services. It operates through four segments: Australia and New Zealand, North America, Asia, and Europe. The company provides corporate and event travel management, leisure travel, loyalty travel, and wholesale travel services, as well as accommodation agency services.