ZTE Co. (OTCMKTS:ZTCOF – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,881,600 shares, an increase of 8,946.2% from the September 30th total of 20,800 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is currently 896.0 days.
ZTE Price Performance
Shares of ZTCOF stock remained flat at $2.00 during trading hours on Friday. ZTE has a 52 week low of $1.74 and a 52 week high of $3.50. The firm’s 50-day simple moving average is $2.23 and its 200 day simple moving average is $2.14.
ZTE (OTCMKTS:ZTCOF – Get Free Report) last posted its quarterly earnings data on Wednesday, September 11th. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $4.41 billion for the quarter.
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.
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