PCCW Ltd. (OTCMKTS:PCCWY – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 665 shares, an increase of 280.0% from the August 15th total of 175 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 466 shares, the days-to-cover ratio is presently 1.4 days.
PCCW Stock Performance
PCCWY stock opened at $6.75 on Monday. The company has a debt-to-equity ratio of 7.79, a quick ratio of 0.56 and a current ratio of 0.62. PCCW has a twelve month low of $6.37 and a twelve month high of $8.31. The stock’s 50 day moving average is $6.97 and its 200-day moving average is $7.27.
About PCCW
PCCW Limited, also known as Pacific Century CyberWorks, is a Hong Kong-based telecommunications and media company. Through its principal operating businesses, the company provides telecommunications, broadband, mobile, information technology and digital services to consumers, businesses and organizations.
PCCW’s telecommunications interests are primarily associated with HKT, which offers fixed-line, mobile, broadband, pay-TV and related communications services in Hong Kong. The group also provides enterprise technology and systems-integration solutions, including managed network services, cloud, cybersecurity and other information and communications technology services for corporate and public-sector customers.
In addition, PCCW has businesses involved in media and entertainment, including television, streaming, digital content and related advertising activities.
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