Short Interest in ZTE Co. (OTCMKTS:ZTCOF) Expands By 121.8%

ZTE Co. (OTCMKTS:ZTCOF) was the recipient of a large increase in short interest during the month of 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 daily trading volume, of 2,600 shares, the short-interest ratio is presently 1,397.2 days.

ZTE Trading Down 1.5 %

OTCMKTS:ZTCOF traded down $0.05 during mid-day trading on Thursday, hitting $3.35. 4,400 shares of the company’s stock traded hands, compared to its average volume of 11,729. The company has a fifty day moving average of $2.64 and a 200 day moving average of $2.38. ZTE has a twelve month low of $1.74 and a twelve 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.