CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) Sees Large Decrease in Short Interest

CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 22,200 shares, a decrease of 27.7% from the March 15th total of 30,700 shares. Based on an average daily trading volume, of 5,800 shares, the short-interest ratio is presently 3.8 days.

CTT – Correios De Portugal Stock Performance

CTTOF opened at $7.90 on Friday. The company’s 50-day moving average price is $7.45 and its 200 day moving average price is $5.66. CTT – Correios De Portugal has a fifty-two week low of $4.40 and a fifty-two week high of $8.25.

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.