PCCW Ltd. (OTCMKTS:PCWLF) Short Interest Up 22.9% in March

PCCW Ltd. (OTCMKTS:PCWLF) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 2,488,553 shares, an increase of 22.9% from the February 26th total of 2,025,444 shares. Based on an average daily volume of 1,270 shares, the days-to-cover ratio is currently 1,959.5 days.

PCCW Stock Performance

Shares of PCCW stock opened at $0.74 on Tuesday. The company has a fifty day simple moving average of $0.74 and a 200-day simple moving average of $0.73. PCCW has a 12-month low of $0.55 and a 12-month high of $0.79.

About PCCW

PCCW Limited (OTCMKTS: PCWLF) is a Hong Kong–based telecommunications and technology services provider with a diversified portfolio spanning fixed-line and mobile communications, broadband internet, and media content. Through its flagship subsidiary, HKT, PCCW operates Hong Kong’s largest fixed-line network and one of the territory’s leading broadband platforms. The company also offers mobile services under the CSL brand, serving both residential and enterprise customers across the region.

Beyond traditional telecom offerings, PCCW provides a range of information and communications technology (ICT) solutions, including cloud computing, cybersecurity, data centre services and IT consultancy.