ZTE Co. (OTCMKTS:ZTCOF – Get Free Report) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 2,277,600 shares, an increase of 57.2% from the November 15th total of 1,448,600 shares. Based on an average daily volume of 13,700 shares, the short-interest ratio is presently 166.2 days.
ZTE Stock Performance
Shares of ZTCOF opened at $1.98 on Friday. ZTE has a 1 year low of $1.74 and a 1 year high of $3.50. The stock’s fifty day moving average price is $2.45 and its two-hundred day moving average price is $2.24.
ZTE (OTCMKTS:ZTCOF – Get Free Report) last announced 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 during 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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