CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 20,168 shares, an increase of 70.8% from the September 30th total of 11,805 shares. Based on an average daily trading volume, of 559 shares, the days-to-cover ratio is currently 36.1 days.
CTT – Correios De Portugal Price Performance
Shares of CTTOF opened at $5.98 on Wednesday. CTT – Correios De Portugal has a twelve month low of $5.74 and a twelve month high of $8.72. The firm has a 50 day moving average of $6.80 and a 200 day moving average of $7.26.
About CTT – Correios De Portugal
CTT – Correios de Portugal, SA is Portugal’s national postal operator, providing mail collection, processing and delivery services to individuals, businesses and public-sector organizations. Its services include domestic and international letter delivery, registered and express mail, parcel distribution, logistics and fulfillment solutions, and direct marketing services.
Through its CTT Expresso operations, the company provides express delivery and e-commerce logistics services in Portugal and Spain, supporting online retailers and other commercial customers.
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