China Teletech Holding, Inc. (OTCMKTS:CNCT) Short Interest Down 13.2% in August

China Teletech Holding, Inc. (OTCMKTS:CNCT) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 22,400 shares, a drop of 13.2% from the August 15th total of 25,800 shares. Based on an average daily volume of 24,600 shares, the days-to-cover ratio is presently 0.9 days.

China Teletech Price Performance

OTCMKTS:CNCT traded down $0.00 on Monday, reaching $0.00. 4,000 shares of the company’s stock traded hands, compared to its average volume of 21,422. China Teletech has a 12 month low of $0.00 and a 12 month high of $0.01.

About China Teletech

China Teletech Holding, Inc does not have significant operations. Previously, it was engaged in the design, development, manufacture, and distribution of lithium-ion polymer batteries, micro batteries, and smart cards. The company was founded in 2006 and is based in Shenzhen, China.