Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (OTCMKTS:TLKMF) Short Interest Up 9,204.8% in July

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (OTCMKTS:TLKMF) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 449,513 shares, an increase of 9,204.8% from the July 15th total of 4,831 shares. Based on an average daily trading volume, of 803 shares, the short-interest ratio is presently 559.8 days.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

OTCMKTS:TLKMF opened at C$0.16 on Wednesday. The stock has a 50 day moving average of C$0.15 and a two-hundred day moving average of C$0.18. Perusahaan Perseroan has a 12 month low of C$0.13 and a 12 month high of C$0.24.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, commonly known as Telkom Indonesia, is Indonesia’s largest integrated telecommunications service provider. Majority-owned by the Government of Indonesia, the company traces its modern corporate structure to its 1991 incorporation under Law No. 3 of 1989, although its operational roots date back to the colonial-era postal and telegraph services of the mid-19th century. Telkom Indonesia is headquartered in Jakarta and Bandung and employs a network of subsidiaries and associates to deliver a comprehensive suite of connectivity solutions across the archipelago.

The company’s core activities encompass fixed-line and mobile telephony, broadband internet, and data communications.