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

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

PCCW Price Performance

PCCW stock traded down $0.27 during trading hours on Friday, reaching $6.73. 705 shares of the stock were exchanged, compared to its average volume of 2,242. The company has a quick ratio of 0.51, a current ratio of 0.60 and a debt-to-equity ratio of 7.81. The firm's 50 day moving average is $6.48 and its 200 day moving average is $6.06. PCCW has a 52-week low of $4.67 and a 52-week high of $8.15.

PCCW Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Wednesday, May 21st will be paid a $0.3466 dividend. The ex-dividend date of this dividend is Tuesday, May 20th. This is a boost from PCCW's previous dividend of $0.11. This represents a dividend yield of 11.62%.

PCCW Company Profile

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.