Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (OTCMKTS:TLKMF) Short Interest Down 100.0% in June

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (OTCMKTS:TLKMF) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 13 shares, a drop of 100.0% from the June 15th total of 1,291,813 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.0 days.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of TLKMF remained flat at C$0.13 during mid-day trading on Friday. Perusahaan Perseroan has a 12-month low of C$0.13 and a 12-month high of C$0.24. The business has a 50 day moving average price of C$0.16 and a 200-day moving average price of C$0.19.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, commonly known as Telkom Indonesia, is Indonesia’s largest integrated telecommunications service provider. Majority-owned by the Government of Indonesia, the company traces its modern corporate structure to its 1991 incorporation under Law No. 3 of 1989, although its operational roots date back to the colonial-era postal and telegraph services of the mid-19th century. Telkom Indonesia is headquartered in Jakarta and Bandung and employs a network of subsidiaries and associates to deliver a comprehensive suite of connectivity solutions across the archipelago.

The company’s core activities encompass fixed-line and mobile telephony, broadband internet, and data communications.