Short Interest in PCCW Ltd. (OTCMKTS:PCCWY) Decreases By 34.1%

PCCW Ltd. (OTCMKTS:PCCWYGet Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 377 shares, a decrease of 34.1% from the May 14th total of 572 shares. Based on an average daily trading volume, of 508 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the company’s shares are sold short.

PCCW Trading Up 2.7%

Shares of OTCMKTS PCCWY opened at $7.25 on Tuesday. The business’s 50 day moving average price is $7.44 and its 200-day moving average price is $7.42. PCCW has a fifty-two week low of $6.24 and a fifty-two week high of $8.31.

PCCW Company Profile

(Get Free Report)

PCCW Limited (OTCMKTS:PCCWY) is a Hong Kong–based technology and telecommunications company offering a broad array of connectivity, media and IT solutions. Headquartered in Hong Kong, the group traces its roots to the early 2000s restructuring of the local fixed-line incumbent and has since diversified into broadband, mobile and digital media services under various subsidiaries.

The company’s consumer and enterprise businesses encompass fixed-line telephone, broadband internet access, mobile services and pay-TV.

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