Short Interest in CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) Declines By 21.3%

CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 23,600 shares, a drop of 21.3% from the January 31st total of 30,000 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is presently 2.8 days.

CTT – Correios De Portugal Price Performance

OTCMKTS CTTOF remained flat at $7.55 on Tuesday. The company’s 50 day moving average price is $5.47 and its 200 day moving average price is $4.99. CTT – Correios De Portugal has a 1-year low of $3.77 and a 1-year high of $7.55.

CTT – Correios De Portugal Company Profile

CTT – Correios De Portugal, SA, together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services.