PTL Limited (NASDAQ:PTLE) Short Interest Up 67.5% in July

PTL Limited (NASDAQ:PTLEGet Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 26,900 shares, an increase of 67.5% from the June 30th total of 16,060 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 96,167 shares, the days-to-cover ratio is presently 0.3 days.

PTL Price Performance

NASDAQ PTLE opened at $9.95 on Friday. The business has a fifty day moving average price of $7.30 and a 200 day moving average price of $7.53. PTL has a one year low of $4.00 and a one year high of $36.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of PTL from a “sell (d)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Get Our Latest Stock Analysis on PTL

About PTL

(Get Free Report)

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.

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