PCCW Limited (OTCMKTS:PCWLF) Short Interest Update

PCCW Limited (OTCMKTS:PCWLF) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,876,200 shares, an increase of 50.1% from the May 15th total of 1,916,100 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is currently 958.7 days.

PCCW Price Performance

PCCW stock traded up $0.03 during trading hours on Friday, hitting $0.49. The company had a trading volume of 1,381 shares, compared to its average volume of 2,648. The company has a 50-day moving average price of $0.50 and a two-hundred day moving average price of $0.50. PCCW has a 1 year low of $0.43 and a 1 year high of $0.57.

PCCW Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, June 21st. Investors of record on Tuesday, June 4th will be issued a $0.2848 dividend. The ex-dividend date of this dividend is Monday, June 3rd. This represents a dividend yield of 8.74%.

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.