PCCW Ltd. (OTCMKTS:PCCWY) Short Interest Down 34.1% in May

PCCW Ltd. (OTCMKTS:PCCWY) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 377 shares, a decrease of 34.1% from the May 14th total of 572 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 508 shares, the short-interest ratio is presently 0.7 days.

PCCW Trading Down 2.1%

Shares of PCCWY stock traded down $0.15 during mid-day trading on Wednesday, reaching $7.10. The stock had a trading volume of 1,005 shares, compared to its average volume of 1,076. The business has a 50-day simple moving average of $7.44 and a 200 day simple moving average of $7.42. PCCW has a 12-month low of $6.30 and a 12-month high of $8.31.

About PCCW

PCCW Limited (OTCMKTS:PCCWY) is a Hong Kong–based technology and telecommunications company offering a broad array of connectivity, media and IT solutions. Headquartered in Hong Kong, the group traces its roots to the early 2000s restructuring of the local fixed-line incumbent and has since diversified into broadband, mobile and digital media services under various subsidiaries.

The company’s consumer and enterprise businesses encompass fixed-line telephone, broadband internet access, mobile services and pay-TV.