China Teletech Holding, Inc. (OTCMKTS:CNCT) Short Interest Down 80.5% in May

China Teletech Holding, Inc. (OTCMKTS:CNCT) was the target of a significant decline in short interest during the month of May. As of May 28th, there was short interest totalling 7,800 shares, a decline of 80.5% from the May 13th total of 39,900 shares. Based on an average trading volume of 1,069,100 shares, the days-to-cover ratio is presently 0.0 days.

Shares of OTCMKTS CNCT remained flat at $$0.02 during midday trading on Friday. The stock had a trading volume of 695,346 shares, compared to its average volume of 426,510. China Teletech has a twelve month low of $0.00 and a twelve month high of $0.06. The stock has a 50-day simple moving average of $0.01.

China Teletech Company Profile

China Teletech Holding, Inc does not have significant operations. Previously, it was engaged in the design, development, manufacture, and distribution of lithium-ion polymer batteries, micro batteries, and smart cards. The company was founded in 2006 and is based in Shenzhen, China.

Further Reading: VIX – Volatility Index

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