Short Interest in PCCW Limited (OTCMKTS:PCCWY) Grows By 81.8%

PCCW Limited (OTCMKTS:PCCWY) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 4,000 shares, an increase of 81.8% from the March 15th total of 2,200 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 2.7 days. Approximately 0.0% of the company’s stock are sold short.

PCCW Price Performance

PCCWY traded up $0.07 on Friday, hitting $6.22. 739 shares of the company were exchanged, compared to its average volume of 1,788. The stock’s fifty day moving average is $6.02 and its 200-day moving average is $5.84. PCCW has a 12 month low of $4.67 and a 12 month high of $6.39. The company has a debt-to-equity ratio of 7.81, a quick ratio of 0.51 and a current ratio of 0.60.

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.