PCCW Limited (OTCMKTS:PCWLF) Short Interest Up 73.0% in February

PCCW Limited (OTCMKTS:PCWLF) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 4,792,600 shares, an increase of 73.0% from the February 13th total of 2,770,600 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 1,917.0 days. Approximately 0.1% of the shares of the company are sold short.

PCCW Price Performance

PCWLF opened at $0.60 on Friday. PCCW has a 1-year low of $0.45 and a 1-year high of $0.63. The business has a 50 day moving average of $0.58 and a 200-day moving average of $0.56.

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.