Short Interest in PT XL Axiata Tbk (OTCMKTS:PTXKY) Declines By 26.2%

PT XL Axiata Tbk (OTCMKTS:PTXKY) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 22,500 shares, a decline of 26.2% from the February 13th total of 30,500 shares. Based on an average daily trading volume, of 10,800 shares, the days-to-cover ratio is presently 2.1 days.

PT XL Axiata Tbk Stock Performance

Shares of PTXKY stock traded up $0.30 on Monday, reaching $2.78. The company had a trading volume of 4,884 shares, compared to its average volume of 10,651. PT XL Axiata Tbk has a 12 month low of $2.18 and a 12 month high of $3.50. The company has a 50-day moving average of $2.75 and a 200-day moving average of $2.81.

About PT XL Axiata Tbk

PT XL Axiata Tbk, together with its subsidiaries, provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company provides cellular mobile and closed fixed network, Internet, Internet telephony and interconnection, data communication system, packet switched local fixed network, telephony, and voice over Internet protocol services.