PostNL (OTCMKTS:TNTFF) Sees Large Increase in Short Interest

PostNL (OTCMKTS:TNTFF) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 1,497,200 shares, an increase of 19.6% from the May 15th total of 1,252,100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

PostNL Stock Performance

TNTFF remained flat at $1.13 on Friday. PostNL has a 1 year low of $1.13 and a 1 year high of $1.13. The business’s 50 day moving average price is $1.21 and its 200 day moving average price is $1.48.

PostNL Company Profile

PostNL N.V. provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally. The company operates through Parcels and Mail in the Netherlands and PostNL Other segments. It collects, sorts, transports, and delivers letters and parcels; and offers data management, direct marketing, and fulfillment services, as well as cross-border mail and parcels solutions.