ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 3,711,000 shares, a growth of 24.3% from the May 15th total of 2,985,300 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 412.3 days.

ZTE Stock Performance

ZTCOF stock opened at $2.91 on Wednesday. The firm has a 50 day moving average of $2.73 and a 200-day moving average of $2.94. ZTE has a 12 month low of $1.82 and a 12 month high of $4.10.

About ZTE

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.