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PCCW Limited (OTCMKTS:PCWLF) Sees Large Growth in Short Interest

kopsource ·  Sep 17, 2022 15:52

$PCCW (00008.HK)$ saw a large increase in short interest in August. As of August 31st, there was short interest totalling 3,385,600 shares,  an increase of 24.5% from the August 15th total of 2,719,300 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 4,836.6 days.

PCCW Stock Performance

Shares of OTCMKTS:PCWLF traded down $0.04 during trading hours on Friday, hitting $0.48. 201 shares of the company's stock traded hands, compared to its average volume of 1,321. PCCW has a 52 week low of $0.45 and a 52 week high of $0.58. The company's fifty day simple moving average is $0.51 and its two-hundred day simple moving average is $0.53.

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PCCW Company Profile

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PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Singapore, and internationally. The company's services include local telephony, local data and broadband, mobile, international telecommunications, and satellite-based and network-based telecommunications services; and outsourcing, consulting, and contact center services.

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