Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Short Interest Update

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,210,000 shares, a growth of 16.9% from the January 15th total of 1,890,000 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 618,700 shares, the short-interest ratio is currently 3.6 days.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of TLK traded up $0.30 during mid-day trading on Monday, hitting $15.51. 384,384 shares of the company traded hands, compared to its average volume of 734,081. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70. The stock has a 50-day moving average price of $16.31 and a two-hundred day moving average price of $17.74. Perusahaan Perseroan has a 1 year low of $14.16 and a 1 year high of $26.85. The stock has a market cap of $15.36 billion, a price-to-earnings ratio of 10.77, a P/E/G ratio of 2.10 and a beta of 0.77.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% during the fourth quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider’s stock valued at $25,000 after buying an additional 643 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 662 shares during the period. SBI Securities Co. Ltd. purchased a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at $53,000. TD Private Client Wealth LLC increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the 3rd quarter. TD Private Client Wealth LLC now owns 4,870 shares of the utilities provider’s stock worth $96,000 after buying an additional 1,165 shares during the period. Finally, Blue Trust Inc. increased its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% in the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider’s stock worth $120,000 after buying an additional 3,110 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.