PCCW Limited (OTCMKTS:PCCWY) Sees Large Increase in Short Interest

PCCW Limited (OTCMKTS:PCCWY) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 4,000 shares, a growth of 81.8% from the March 15th total of 2,200 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 2.7 days. Approximately 0.0% of the shares of the company are short sold.

PCCW Stock Performance

PCCW stock traded up $0.07 during mid-day trading on Friday, reaching $6.22. The company had a trading volume of 739 shares, compared to its average volume of 1,788. PCCW has a 52 week low of $4.67 and a 52 week high of $6.39. The company has a 50 day moving average of $6.02 and a 200-day moving average of $5.84. The company has a debt-to-equity ratio of 7.81, a current ratio of 0.60 and a quick ratio of 0.51.

About PCCW

PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Singapore, and internationally. The company's services include local telephony, local data and broadband, mobile, enterprise solutions, international telecommunications, and satellite-based and network-based telecommunications services; outsourcing, consulting, and contact center services; and technical consulting and engineering services.