PTL Limited (NASDAQ:PTLE – Get Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 16,060 shares, a growth of 79.8% from the June 15th total of 8,934 shares. Based on an average daily trading volume, of 41,326 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.
PTL Trading Up 1.8%
Shares of NASDAQ:PTLE opened at $10.19 on Friday. PTL has a 12 month low of $4.00 and a 12 month high of $36.00. The firm’s 50-day moving average is $6.38 and its 200 day moving average is $7.45.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings downgraded shares of PTL from a “sell (d)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, According to MarketBeat, PTL currently has an average rating of “Sell”.
PTL Company Profile
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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