Corporate Travel Management Limited (OTCMKTS:CTMLF) Stock Short Interest Falls 99.7%

Corporate Travel Management Limited (OTCMKTS:CTMLF – Get Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 177 shares, a decline of 99.7% from the August 31st total of 54,502 shares. Based on an average daily volume of 8 shares, the days-to-cover ratio is currently 22.1 days.

Corporate Travel Management Price Performance

Shares of CTMLF stock remained flat at $10.75 during mid-day trading on Friday. The stock had a trading volume of 40 shares, compared to its average volume of 420. Corporate Travel Management has a twelve month low of $0.01 and a twelve month high of $10.75. The firm’s 50-day moving average is $10.75 and its 200-day moving average is $10.75.

About Corporate Travel Management

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Corporate Travel Management (OTCMKTS:CTMLF) is a Brisbane-based global provider of corporate travel management services. The company works with organizations of all sizes to design, implement and oversee travel programs that help streamline bookings, optimize travel spend and enhance traveler safety. Core offerings include air, rail and ground transportation arrangements, hotel and accommodation sourcing, visa and passport support, travel risk management and 24/7 traveler assistance.

Founded in 1994 by Jamie Pherous, Corporate Travel Management has grown from a regional travel agency into an ASX-listed travel management specialist, listing in December 2014.

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