PostNL (OTCMKTS:TNTFF) Short Interest Up 60.8% in August

PostNL (OTCMKTS:TNTFF) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 3,724,949 shares, a growth of 60.8% from the July 30th total of 2,315,899 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

PostNL Stock Performance

PostNL stock opened at $1.13 on Monday. The stock has a fifty day moving average price of $1.13 and a two-hundred day moving average price of $1.27. PostNL has a 52-week low of $1.13 and a 52-week high of $1.40.

PostNL Company Profile

PostNL NV is a leading provider of postal and logistics services in the Netherlands, specializing in the delivery of mail, parcels and e-commerce solutions. The company offers end-to-end logistics support, including fulfillment, direct marketing, warehousing and supply chain management, designed to meet the needs of both consumers and business clients. Its service portfolio also encompasses last-mile delivery, digital tracking and returns management to support a wide range of customer requirements.

Tracing its roots to the early Dutch state postal service of the 18th century, PostNL became an independent listed company in October 2011 following its spin-off from Royal KPN N.V.