PCCW Ltd. (OTCMKTS:PCCWY) Sees Significant Drop in Short Interest

PCCW Ltd. (OTCMKTS:PCCWYGet Free Report) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 175 shares, a decline of 44.6% from the July 30th total of 316 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 176 shares, the short-interest ratio is presently 1.0 days.

PCCW Stock Performance

PCCWY stock opened at $6.91 on Tuesday. PCCW has a twelve month low of $6.37 and a twelve month high of $8.31. The business’s fifty day moving average is $6.97 and its 200-day moving average is $7.32. The company has a debt-to-equity ratio of 7.79, a current ratio of 0.62 and a quick ratio of 0.56.

About PCCW

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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.

Further Reading

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