PT XL Axiata Tbk (OTCMKTS:PTXKY) Sees Significant Increase in Short Interest

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 30,500 shares, an increase of 25.0% from the January 31st total of 24,400 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is currently 5.4 days.

PT XL Axiata Tbk Price Performance

OTCMKTS PTXKY traded up $0.23 during trading on Wednesday, reaching $2.90. The company’s stock had a trading volume of 2,899 shares, compared to its average volume of 9,076. The firm has a fifty day moving average of $2.75 and a 200 day moving average of $2.82. PT XL Axiata Tbk has a one year low of $2.18 and a one year high of $3.50.

PT XL Axiata Tbk Company Profile

PT XL Axiata Tbk, together with its subsidiaries, provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company provides cellular mobile and closed fixed network, Internet, Internet telephony and interconnection, data communication system, packet switched local fixed network, telephony, and voice over Internet protocol services.