PCCW Limited (OTCMKTS:PCWLF) Short Interest Up 50.1% in May

PCCW Limited (OTCMKTS:PCWLFGet Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 2,876,200 shares, an increase of 50.1% from the May 15th total of 1,916,100 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is currently 958.7 days.

PCCW Price Performance

PCWLF stock traded up $0.03 during trading on Friday, hitting $0.49. 1,381 shares of the company’s stock were exchanged, compared to its average volume of 2,648. PCCW has a 52-week low of $0.43 and a 52-week high of $0.57. The business has a 50-day moving average price of $0.50 and a two-hundred day moving average price of $0.50.

PCCW Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, June 21st. Investors of record on Tuesday, June 4th will be issued a dividend of $0.2848 per share. This represents a yield of 8.74%. The ex-dividend date is Monday, June 3rd.

PCCW Company Profile

(Get Free Report)

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.

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