ZTE Co. (OTCMKTS:ZTCOF) Short Interest Down 46.1% in December

ZTE Co. (OTCMKTS:ZTCOF) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,638,000 shares, a decline of 46.1% from the December 15th total of 3,040,000 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is currently 2,730.0 days.

ZTE Stock Performance

ZTE stock remained flat at $2.72 during midday trading on Tuesday. ZTE has a 52 week low of $1.74 and a 52 week high of $3.50. The company’s 50 day moving average is $2.47 and its 200 day moving average is $2.29.

ZTE Company Profile

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.