Short Interest in PCCW Limited (OTCMKTS:PCWLF) Grows By 20.5%

PCCW Limited (OTCMKTS:PCWLF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 4,129,800 shares, a growth of 20.5% from the October 15th total of 3,428,600 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 2,429.3 days.

PCCW Stock Up 4.7 %

PCWLF stock traded up $0.02 during midday trading on Friday, reaching $0.55. The company had a trading volume of 1,194 shares, compared to its average volume of 1,095. PCCW has a 1-year low of $0.45 and a 1-year high of $0.60. The stock has a 50 day moving average price of $0.55 and a 200-day moving average price of $0.52.

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.