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

CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 39,800 shares, an increase of 8.7% from the June 15th total of 36,600 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 13.3 days.

CTT – Correios De Portugal Stock Performance

Shares of CTT – Correios De Portugal stock remained flat at $4.40 during midday trading on Tuesday. The business’s 50-day simple moving average is $4.65 and its 200 day simple moving average is $4.30. CTT – Correios De Portugal has a fifty-two week low of $3.55 and a fifty-two week high of $4.95.

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.