Short Interest in PLDT Inc. (OTCMKTS:PHTCF) Rises By 90.9%

PLDT Inc. (OTCMKTS:PHTCFGet Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 84 shares, a growth of 90.9% from the May 31st total of 44 shares. Based on an average daily volume of 124 shares, the short-interest ratio is currently 0.7 days.

PLDT Price Performance

PHTCF stock opened at $18.15 on Wednesday. PLDT has a twelve month low of $18.15 and a twelve month high of $22.50. The company’s 50 day moving average is $19.67 and its two-hundred day moving average is $20.22.

PLDT Company Profile

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PLDT Inc is the Philippines’ leading telecommunications and digital services provider, offering a comprehensive range of fixed-line, broadband, wireless and enterprise solutions. Through its principal subsidiaries, including Smart Communications and ePLDT, the company caters to both consumer and business markets with voice, data, video and managed ICT services. PLDT’s network infrastructure spans fiber-to-the-home, mobile LTE and 5G, satellite backhaul and submarine cable systems, supporting millions of subscribers across the archipelago.

Founded in 1928 and headquartered in Makati City, PLDT has played a central role in the development of the Philippines’ communications landscape for nearly a century.

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