PTL Limited (NASDAQ:PTLE) Short Interest Update

PTL Limited (NASDAQ:PTLE) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 20,625 shares, a decrease of 53.3% from the February 26th total of 44,118 shares. Based on an average daily volume of 66,198 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of PTL in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

PTL Stock Down 0.6%

Shares of PTLE stock traded down $0.03 on Friday, reaching $4.93. The company had a trading volume of 35,510 shares, compared to its average volume of 568,695. The business’s 50-day moving average is $8.45 and its 200 day moving average is $11.47. PTL has a one year low of $4.00 and a one year high of $156.00.

About PTL

PTL Limited is an established bunkering facilitator providing marine fuel logistics services for vessel refueling, primarily container ships, bulk carriers, general cargo vessels and chemical tankers principally serving the Asia Pacific market. PTL Limited is based in Hong Kong.