PCCW Ltd. (OTCMKTS:PCCWY) Stock Short Interest Falls 94.8%

PCCW Ltd. (OTCMKTS:PCCWY) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 27 shares, a drop of 94.8% from the October 15th total of 519 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 992 shares, the short-interest ratio is currently 0.0 days.

PCCW Price Performance

OTCMKTS:PCCWY traded up $0.16 during midday trading on Tuesday, hitting $6.77. 352 shares of the company were exchanged, compared to its average volume of 944. The company has a fifty day simple moving average of $6.53 and a 200 day simple moving average of $7.13. PCCW has a fifty-two week low of $6.01 and a fifty-two week high of $8.31. The company has a debt-to-equity ratio of 17.27, a current ratio of 0.57 and a quick ratio of 0.35.

About PCCW

PCCW Limited is a Hong Kong-based telecommunications, media and technology company. Its businesses include telecommunications services through HKT, such as fixed-line, mobile, broadband and pay-TV services, as well as enterprise connectivity and technology solutions offered through PCCW Global and its other technology operations. The company also produces and distributes television and digital entertainment. Its media businesses include Now TV in Hong Kong and Viu, a streaming service available in multiple international markets, with programming that includes Asian dramas and other entertainment content.