Short Interest in PCCW Limited (OTCMKTS:PCCWY) Expands By 25.0%

PCCW Limited (OTCMKTS:PCCWY) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 500 shares, an increase of 25.0% from the June 30th total of 400 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is presently 0.1 days.

PCCW Stock Performance

Shares of PCCWY traded up $0.03 during mid-day trading on Monday, hitting $5.09. 2,023 shares of the company traded hands, compared to its average volume of 2,488. PCCW has a 1-year low of $4.30 and a 1-year high of $5.59. The business has a 50 day moving average of $5.04 and a 200 day moving average of $5.13.

PCCW Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, September 11th. Investors of record on Monday, August 12th will be issued a $0.1051 dividend. The ex-dividend date is Monday, August 12th.

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.