PT XL Axiata Tbk (OTCMKTS:PTXKY) Sees Large Drop in Short Interest

PT XL Axiata Tbk (OTCMKTS:PTXKY) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,300 shares, a decrease of 85.3% from the February 28th total of 22,500 shares. Based on an average daily trading volume, of 27,900 shares, the days-to-cover ratio is presently 0.1 days.

PT XL Axiata Tbk Trading Down 5.1 %

Shares of OTCMKTS:PTXKY traded down $0.13 during trading on Thursday, reaching $2.44. 1,065 shares of the stock traded hands, compared to its average volume of 9,543. PT XL Axiata Tbk has a 52-week low of $2.18 and a 52-week high of $3.50. The stock has a 50-day moving average of $2.74 and a two-hundred day moving average of $2.79.

PT XL Axiata Tbk Company Profile

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.