Corporate Travel Management Limited (OTCMKTS:CTMLF) Stock Short Interest Drops 99.7%

Corporate Travel Management Limited (OTCMKTS:CTMLF – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 177 shares, a drop of 99.7% from the August 31st total of 54,502 shares. Based on an average daily trading volume, of 8 shares, the days-to-cover ratio is presently 22.1 days.

Corporate Travel Management Stock Performance

Shares of OTCMKTS:CTMLF remained flat at $10.75 during midday trading on Thursday. The stock’s 50 day moving average is $10.75 and its 200 day moving average is $10.75. Corporate Travel Management has a twelve month low of $0.01 and a twelve month high of $10.75.

Corporate Travel Management Company Profile

(Get Free Report)

Corporate Travel Management (OTCMKTS:CTMLF) is a Brisbane-based global provider of corporate travel management services. The company works with organizations of all sizes to design, implement and oversee travel programs that help streamline bookings, optimize travel spend and enhance traveler safety. Core offerings include air, rail and ground transportation arrangements, hotel and accommodation sourcing, visa and passport support, travel risk management and 24/7 traveler assistance.

Founded in 1994 by Jamie Pherous, Corporate Travel Management has grown from a regional travel agency into an ASX-listed travel management specialist, listing in December 2014.

Featured Stories

Receive News & Ratings for Corporate Travel Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corporate Travel Management and related companies with MarketBeat.com's FREE daily email newsletter.