ZTE Co. (OTCMKTS:ZTCOF) Short Interest Up 171.5% in March

ZTE Co. (OTCMKTS:ZTCOF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 5,944,400 shares, a growth of 171.5% from the February 28th total of 2,189,200 shares. Based on an average daily volume of 51,500 shares, the short-interest ratio is presently 115.4 days.

ZTE Price Performance

Shares of OTCMKTS ZTCOF opened at $3.35 on Thursday. The business has a 50-day moving average price of $3.54 and a 200 day moving average price of $2.80. ZTE has a 52-week low of $1.82 and a 52-week high of $4.10.

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.