PCCW Limited (OTCMKTS:PCCWY - Get Free Report) saw a large drop in short interest in April. As of April 30th, there was short interest totalling 1,400 shares, a drop of 93.0% from the April 15th total of 20,100 shares. Based on an average trading volume of 8,500 shares, the short-interest ratio is presently 0.2 days.
PCCW Price Performance
Shares of OTCMKTS PCCWY traded up $0.06 during mid-day trading on Friday, hitting $5.29. The company had a trading volume of 2,094 shares, compared to its average volume of 4,287. The firm has a 50-day simple moving average of $5.08 and a two-hundred day simple moving average of $5.19. PCCW has a one year low of $4.30 and a one year high of $5.59.
PCCW Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 4th will be issued a dividend of $0.344 per share. The ex-dividend date is Monday, June 3rd. This is a boost from PCCW's previous dividend of $0.11.
About PCCW
(
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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.
Further Reading
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