ZTE Co. (OTCMKTS:ZTCOF) Short Interest Update

ZTE Co. (OTCMKTS:ZTCOF) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,040,000 shares, an increase of 33.5% from the November 30th total of 2,277,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 30,400.0 days.

ZTE Trading Up 46.5 %

ZTCOF opened at $2.90 on Friday. ZTE has a twelve month low of $1.74 and a twelve month high of $3.50. The company has a fifty day moving average of $2.33 and a 200-day moving average of $2.24.

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.