ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 2,189,200 shares, a drop of 77.6% from the February 13th total of 9,776,100 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is currently 561.3 days.

ZTE Stock Performance

Shares of OTCMKTS:ZTCOF opened at $3.50 on Thursday. ZTE has a 12-month low of $1.82 and a 12-month high of $4.10. The stock has a fifty day simple moving average of $3.38 and a two-hundred day simple moving average of $2.70.

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.