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 growth in short interest in the month of February. As of February 28th, there was short interest totalling 29,900 shares, a growth of 26.7% from the February 13th total of 23,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 149.5 days.

CTT – Correios De Portugal Price Performance

Shares of OTCMKTS:CTTOF opened at $7.50 on Monday. CTT – Correios De Portugal has a twelve month low of $4.40 and a twelve month high of $7.59. The stock’s 50 day moving average is $5.98 and its 200-day moving average is $5.16.

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.