PT XL Axiata Tbk (OTCMKTS:PTXKY) Short Interest Update

PT XL Axiata Tbk (OTCMKTS:PTXKY) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 97 shares, a decline of 67.2% from the June 15th total of 296 shares. Based on an average trading volume of 3,935 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised shares of PT XL Axiata Tbk to a “hold” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, PT XL Axiata Tbk has a consensus rating of “Hold”.

PT XL Axiata Tbk Stock Performance

Shares of PTXKY stock opened at $2.80 on Monday. The firm’s 50 day moving average price is $3.03 and its two-hundred day moving average price is $3.58. PT XL Axiata Tbk has a 52-week low of $2.32 and a 52-week high of $5.67. The stock has a market cap of $2.55 billion and a PE ratio of -0.00.

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.