Corporate Travel Management Limited (OTCMKTS:CTMLF) Sees Large Increase in Short Interest

Corporate Travel Management Limited (OTCMKTS:CTMLF) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 1,052,100 shares, an increase of 66.6% from the October 15th total of 631,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 10,521.0 days.

Corporate Travel Management Stock Performance

CTMLF remained flat at $8.78 during midday trading on Friday. The company’s fifty day simple moving average is $8.78 and its two-hundred day simple moving average is $9.54. Corporate Travel Management has a 12-month low of $8.78 and a 12-month high of $8.78.

Corporate Travel Management Company Profile

Corporate Travel Management Limited, a travel management solutions company, manages the procurement and delivery of travel services in Australia and New Zealand, North America, Asia, and Europe. . The company provides corporate travels, meetings and event travel management, resources travel, sports travel, leisure travel, loyalty travel, and wholesale travel services, as well as accommodation agency services.