PostNL (OTCMKTS:TNTFF) Short Interest Up 60.8% in August

PostNL (OTCMKTS:TNTFF) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 3,724,949 shares, an increase of 60.8% from the July 30th total of 2,315,899 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

PostNL Price Performance

TNTFF stock opened at $1.13 on Wednesday. The business’s 50-day moving average is $1.13 and its two-hundred day moving average is $1.26. PostNL has a fifty-two week low of $1.13 and a fifty-two week high of $1.40.

PostNL Company Profile

PostNL NV is a leading provider of postal and logistics services in the Netherlands, specializing in the delivery of mail, parcels and e-commerce solutions. The company offers end-to-end logistics support, including fulfillment, direct marketing, warehousing and supply chain management, designed to meet the needs of both consumers and business clients. Its service portfolio also encompasses last-mile delivery, digital tracking and returns management to support a wide range of customer requirements.

Tracing its roots to the early Dutch state postal service of the 18th century, PostNL became an independent listed company in October 2011 following its spin-off from Royal KPN N.V.