PostNL (OTCMKTS:PSTNY – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 4,230 shares, a growth of 89.7% from the September 15th total of 2,230 shares. Based on an average daily trading volume, of 382 shares, the days-to-cover ratio is presently 11.1 days.
PostNL Stock Performance
Shares of OTCMKTS:PSTNY opened at $0.99 on Friday. The firm has a fifty day moving average price of $1.03 and a 200 day moving average price of $1.19. PostNL has a fifty-two week low of $0.89 and a fifty-two week high of $0.99.
About PostNL
PostNL N.V. is a Dutch postal and logistics company that provides mail, parcel delivery and e-commerce services. Its activities include collecting, sorting and delivering letters and packages, as well as offering related logistics and fulfillment solutions for businesses and online retailers.
The company serves customers primarily in the Netherlands and also has operations and delivery activities in Belgium and Luxembourg. PostNL supports both consumer and business shipments, including domestic and cross-border parcel services, returns management and delivery options designed for e-commerce.
PostNL was established following the separation of TNT’s mail and express businesses, and began operating as an independent postal company in 2011.
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