PCCW Ltd. (OTCMKTS:PCCWY) Stock Short Interest Drops 94.8%

PCCW Ltd. (OTCMKTS:PCCWY) was the recipient of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 27 shares, a drop of 94.8% from the October 15th total of 519 shares. Based on an average daily volume of 992 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

PCCW Stock Performance

PCCW stock remained flat at $6.77 during mid-day trading on Wednesday. 352 shares of the company’s stock were exchanged, compared to its average volume of 532. The firm’s fifty day moving average is $6.53 and its 200 day moving average is $7.13. The company has a debt-to-equity ratio of 17.27, a current ratio of 0.57 and a quick ratio of 0.35. PCCW has a 1 year low of $6.01 and a 1 year high of $8.31.

PCCW Company Profile

PCCW Limited is a Hong Kong-based telecommunications, media and technology company. Its businesses include telecommunications services through HKT, such as fixed-line, mobile, broadband and pay-TV services, as well as enterprise connectivity and technology solutions offered through PCCW Global and its other technology operations. The company also produces and distributes television and digital entertainment. Its media businesses include Now TV in Hong Kong and Viu, a streaming service available in multiple international markets, with programming that includes Asian dramas and other entertainment content.