Chunghwa Telecom Co., Ltd. (NYSE:CHT) Short Interest Update

Chunghwa Telecom Co., Ltd. (NYSE:CHT) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 687,300 shares, a growth of 100.5% from the November 15th total of 342,800 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 103,300 shares, the days-to-cover ratio is currently 6.7 days.

Institutional Trading of Chunghwa Telecom

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in Chunghwa Telecom by 4.2% in the second quarter. Dimensional Fund Advisors LP now owns 407,062 shares of the utilities provider’s stock valued at $15,710,000 after acquiring an additional 16,428 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Chunghwa Telecom by 120.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 915,853 shares of the utilities provider’s stock worth $36,332,000 after purchasing an additional 500,475 shares in the last quarter. Creative Planning lifted its holdings in shares of Chunghwa Telecom by 32.7% in the 2nd quarter. Creative Planning now owns 123,493 shares of the utilities provider’s stock valued at $4,768,000 after purchasing an additional 30,410 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Chunghwa Telecom by 178.8% in the 2nd quarter. Bank of Montreal Can now owns 103,593 shares of the utilities provider’s stock valued at $4,074,000 after purchasing an additional 66,441 shares during the period. Finally, Blue Trust Inc. grew its stake in Chunghwa Telecom by 88.0% during the 3rd quarter. Blue Trust Inc. now owns 36,893 shares of the utilities provider’s stock worth $1,424,000 after buying an additional 17,270 shares during the last quarter. 2.11% of the stock is currently owned by institutional investors and hedge funds.

Chunghwa Telecom Stock Up 0.1 %

Chunghwa Telecom stock traded up $0.05 during trading on Friday, reaching $38.17. The stock had a trading volume of 84,234 shares, compared to its average volume of 114,820. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 0.06. Chunghwa Telecom has a 52-week low of $35.92 and a 52-week high of $40.62. The stock has a market cap of $29.61 billion, a PE ratio of 26.14, a P/E/G ratio of 18.41 and a beta of 0.19. The business has a 50 day moving average price of $38.04 and a 200 day moving average price of $38.24.

Chunghwa Telecom Company Profile

Chunghwa Telecom Co, Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local, domestic long distance, and international long distance fixed-line telephone services; mobile services such as prepaid and postpaid plans; broadband plans; and internet and data services.