PCCW Limited (OTCMKTS:PCCWY) Short Interest Up 272.7% in May

PCCW Limited (OTCMKTS:PCCWY - Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 4,100 shares, a growth of 272.7% from the April 30th total of 1,100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,800 shares, the short-interest ratio is currently 1.1 days.

PCCW Stock Down 3.9%

PCCW stock traded down $0.27 during mid-day trading on Monday, reaching $6.73. 705 shares of the company were exchanged, compared to its average volume of 2,242. The firm's 50-day simple moving average is $6.48 and its two-hundred day simple moving average is $6.06. PCCW has a twelve month low of $4.67 and a twelve month high of $8.15. The company has a quick ratio of 0.51, a current ratio of 0.60 and a debt-to-equity ratio of 7.81.

PCCW Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, May 21st will be given a $0.3466 dividend. This represents a yield of 11.62%. This is a positive change from PCCW's previous dividend of $0.11. The ex-dividend date is Tuesday, May 20th.

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.