PCCW Ltd. (OTCMKTS:PCWLF) Sees Large Growth in Short Interest

PCCW Ltd. (OTCMKTS:PCWLFGet Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,115,917 shares, an increase of 28.3% from the November 30th total of 2,428,008 shares. Based on an average daily trading volume, of 2,657 shares, the short-interest ratio is currently 1,172.7 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,657 shares, the short-interest ratio is currently 1,172.7 days.

PCCW Price Performance

Shares of PCWLF stock opened at $0.70 on Friday. The firm has a 50 day moving average of $0.74 and a two-hundred day moving average of $0.70. PCCW has a 52 week low of $0.54 and a 52 week high of $0.78.

PCCW Company Profile

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PCCW Limited (OTCMKTS: PCWLF) is a Hong Kong–based telecommunications and technology services provider with a diversified portfolio spanning fixed-line and mobile communications, broadband internet, and media content. Through its flagship subsidiary, HKT, PCCW operates Hong Kong’s largest fixed-line network and one of the territory’s leading broadband platforms. The company also offers mobile services under the CSL brand, serving both residential and enterprise customers across the region.

Beyond traditional telecom offerings, PCCW provides a range of information and communications technology (ICT) solutions, including cloud computing, cybersecurity, data centre services and IT consultancy.

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