Short Interest in PCCW Limited (OTCMKTS:PCWLF) Declines By 18.0%

PCCW Limited (OTCMKTS:PCWLF - Get Free Report) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 4,237,600 shares, a drop of 18.0% from the March 31st total of 5,168,600 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 1,324.3 days. Approximately 0.1% of the shares of the company are short sold.

PCCW Price Performance

PCCW stock traded down $0.00 during midday trading on Monday, reaching $0.66. The company's stock had a trading volume of 910 shares, compared to its average volume of 2,504. The stock's 50 day simple moving average is $0.61 and its 200 day simple moving average is $0.58. PCCW has a fifty-two week low of $0.45 and a fifty-two week high of $0.68.

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.