PCCW Ltd. (OTCMKTS:PCCWY) Short Interest Update

PCCW Ltd. (OTCMKTS:PCCWY) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,800 shares, agrowthof157.1% from the June 30th total of 700 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 0.9 days.

PCCW Stock Down 8.7%

Shares of PCCWY stock opened at $6.85 on Tuesday. The business’s fifty day moving average is $6.96 and its 200 day moving average is $6.45. The company has a quick ratio of 0.51, a current ratio of 0.59 and a debt-to-equity ratio of 4.17. PCCW has a twelve month low of $4.84 and a twelve month high of $8.15.

PCCW Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, May 21st were given a $0.3466 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a dividend yield of 1,162.0%. This is a boost from PCCW’s previous dividend of $0.11.

About PCCW

PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Singapore, and internationally. The company's services include local telephony, local data and broadband, mobile, enterprise solutions, international telecommunications, and satellite-based and network-based telecommunications services; outsourcing, consulting, and contact center services; and technical consulting and engineering services.