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

PCCW Limited (OTCMKTS:PCWLF) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,129,800 shares, an increase of 20.5% from the October 15th total of 3,428,600 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 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. PCCW has a 12-month low of $0.45 and a 12-month high of $0.60. The business’s 50-day moving average price is $0.55 and its two-hundred day moving average price is $0.52.

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.