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

PCCW Limited (OTCMKTS:PCWLF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 4,129,800 shares, a growth of 20.5% from the October 15th total of 3,428,600 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is currently 2,429.3 days.

PCCW Stock Up 4.7 %

PCWLF traded up $0.02 on Friday, reaching $0.55. The stock had a trading volume of 1,194 shares, compared to its average volume of 1,095. The business’s 50-day moving average price is $0.55 and its two-hundred day moving average price is $0.52. PCCW has a 12-month low of $0.45 and a 12-month high of $0.60.

PCCW Company Profile

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, enterprise solutions, international telecommunications, and satellite-based and network-based telecommunications services; outsourcing, consulting, and contact center services; and technical consulting and engineering services.