PT XL Axiata Tbk (OTCMKTS:PTXKY) Short Interest Down 48.2% in January

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 691 shares, a decrease of 48.2% from the January 15th total of 1,333 shares. Based on an average daily trading volume, of 3,822 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 3,822 shares, the short-interest ratio is presently 0.2 days.

PT XL Axiata Tbk Stock Up 4.5%

OTCMKTS PTXKY traded up $0.15 during trading hours on Friday, hitting $3.39. 30,969 shares of the company’s stock traded hands, compared to its average volume of 35,261. PT XL Axiata Tbk has a 52-week low of $2.13 and a 52-week high of $5.67. The firm’s 50-day moving average is $4.44 and its 200-day moving average is $3.66.

PT XL Axiata Tbk Company Profile

PT XL Axiata Tbk is a leading Indonesian telecommunications operator that provides a comprehensive range of mobile and fixed wireless services. As a member of the Axiata Group Berhad, the company offers nationwide cellular voice, SMS and data connectivity under the XL and Axis brands. Its network portfolio spans 2G, 3G, 4G LTE and has begun initial roll-outs of 5G infrastructure in key urban centers, supported by a growing network of radio access sites and fiber-optic backhaul.

In addition to core mobile services, XL Axiata develops a portfolio of digital products and enterprise solutions.