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

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 daily trading volume, of 8,500 shares, the days-to-cover ratio is currently 2.8 days.

CTT – Correios De Portugal Stock Performance

Shares of OTCMKTS:CTTOF remained flat at $7.55 during mid-day trading on Tuesday. CTT – Correios De Portugal has a fifty-two week low of $3.77 and a fifty-two week high of $7.55. The firm’s 50-day simple moving average is $5.47 and its two-hundred day simple moving average is $4.99.

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.