Telekom Malaysia Berhad (OTCMKTS:MYTEF) Stock Short Interest Report for October

Telekom Malaysia Berhad (OTCMKTS:MYTEF) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 271 shares. Based on an average daily trading volume, of 162 shares, the days-to-cover ratio is presently 1.7 days.

Telekom Malaysia Berhad Stock Performance

Shares of OTCMKTS:MYTEF opened at $1.96 on Monday. The stock’s fifty day simple moving average is $1.99 and its two-hundred day simple moving average is $1.89. Telekom Malaysia Berhad has a 1-year low of $1.78 and a 1-year high of $2.00.

Telekom Malaysia Berhad (OTCMKTS:MYTEF) last posted its earnings results on Thursday, August 20th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $723.52 million for the quarter, compared to analysts’ expectations of $699.84 million.

Telekom Malaysia Berhad Company Profile

Telekom Malaysia Berhad (TM) is a Malaysian telecommunications and digital infrastructure company. The group provides fixed-line voice services, broadband connectivity, mobile services through its associated offerings, data communications, and network solutions for residential, business, government, and wholesale customers.

TM markets consumer connectivity and entertainment services under the Unifi brand, including broadband, television, and related digital services. For enterprise and public-sector customers, it provides managed network services, data centers, cloud and cybersecurity solutions, unified communications, and information technology services.

The company also operates and manages extensive domestic telecommunications infrastructure and participates in international connectivity through submarine cable systems and other network assets.