PT XL Axiata Tbk (OTCMKTS:PTXKY) Short Interest Up 35.9% in March

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 866 shares, a growth of 35.9% from the February 26th total of 637 shares. Based on an average daily trading volume, of 903 shares, the days-to-cover ratio is presently 1.0 days.

PT XL Axiata Tbk Price Performance

PTXKY opened at $2.95 on Friday. The company has a fifty day moving average of $3.72 and a two-hundred day moving average of $3.68. PT XL Axiata Tbk has a fifty-two week low of $2.13 and a fifty-two week high of $5.67.

About PT XL Axiata Tbk

PT XL Axiata Tbk is a leading Indonesian telecommunications operator that provides a comprehensive range of mobile and fixed wireless services. As a member of the Axiata Group Berhad, the company offers nationwide cellular voice, SMS and data connectivity under the XL and Axis brands. Its network portfolio spans 2G, 3G, 4G LTE and has begun initial roll-outs of 5G infrastructure in key urban centers, supported by a growing network of radio access sites and fiber-optic backhaul.

In addition to core mobile services, XL Axiata develops a portfolio of digital products and enterprise solutions.