CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) Sees Significant Increase in Short Interest

CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 29,900 shares, an increase of 26.7% from the February 13th total of 23,600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 149.5 days.

CTT – Correios De Portugal Price Performance

CTT – Correios De Portugal stock opened at $7.50 on Tuesday. The company’s 50-day moving average price is $6.04 and its two-hundred day moving average price is $5.18. CTT – Correios De Portugal has a 52 week low of $4.40 and a 52 week high of $7.59.

About CTT – Correios De Portugal

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.