PT XL Axiata Tbk (OTCMKTS:PTXKY) Sees Significant Increase in Short Interest

PT XL Axiata Tbk (OTCMKTS:PTXKY – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 660 shares, a growth of 89.1% from the August 31st total of 349 shares. Based on an average daily trading volume, of 226 shares, the days-to-cover ratio is presently 2.9 days. Currently, 0.0% of the company’s stock are sold short.

PT XL Axiata Tbk Stock Performance

OTCMKTS:PTXKY traded down $0.98 on Wednesday, reaching $2.41. The stock had a trading volume of 310 shares, compared to its average volume of 12,528. The company has a 50-day moving average of $2.86 and a 200 day moving average of $3.04. PT XL Axiata Tbk has a 12-month low of $2.41 and a 12-month high of $5.67.

PT XL Axiata Tbk Company Profile

(Get Free Report)

PT XL Axiata Tbk is an Indonesian telecommunications company and a member of the Axiata Group. The company provides mobile communications and connectivity services to consumers, businesses and other organizations across Indonesia.

Its principal offerings include cellular voice and messaging, mobile data, internet access, fixed broadband and digital services. The company markets consumer services under brands including XL, AXIS and XL PRIORITAS, while its enterprise business provides connectivity, information and communications technology solutions, managed services and other digital solutions.

PT XL Axiata was established in 1989 and began commercial operations in 1996.

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