PTL Limited (NASDAQ:PTLE) Short Interest Update

PTL Limited (NASDAQ:PTLE – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 16,060 shares, a growth of 79.8% from the June 15th total of 8,934 shares. Based on an average daily volume of 41,326 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of PTL from a “sell (d)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Get PTL alerts:

Check Out Our Latest Stock Report on PTLE

PTL Stock Performance

Shares of NASDAQ:PTLE traded up $0.18 during trading on Friday, reaching $10.19. 6,337 shares of the company were exchanged, compared to its average volume of 69,663. PTL has a 12-month low of $4.00 and a 12-month high of $36.00. The business’s fifty day simple moving average is $6.38 and its 200-day simple moving average is $7.45.

PTL Company Profile

(Get Free Report)

PTL Limited is an established bunkering facilitator providing marine fuel logistics services for vessel refueling, primarily container ships, bulk carriers, general cargo vessels and chemical tankers principally serving the Asia Pacific market. PTL Limited is based in Hong Kong.

See Also

• Five stocks we like better than PTL
• Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
• Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
• The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
• Why Intuitive Surgical’s Strong Quarter Still Spooked Investors

Receive News & Ratings for PTL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PTL and related companies with MarketBeat.com's FREE daily email newsletter.