PCCW Ltd. (OTCMKTS:PCCWY) Sees Significant Growth in Short Interest

Key Points

• PCCW Ltd. experienced a 157.1% increase in short interest in July, with total short interest reaching 1,800 shares compared to 700 shares at the end of June.
• The company recently declared a dividend yield of 1,162.0%, significantly higher than its previous dividend of $0.11, with a recent payout of $0.3466 per share.
• PCCW's current stock price is around $7.50, with a 52-week range between $4.84 and $8.15, reflecting notable stock performance.

PCCW Ltd. (OTCMKTS:PCCWY - ) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 1,800 shares, anincreaseof157.1% from the June 30th total of 700 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 2,000 shares, the short-interest ratio is presently 0.9 days.

PCCW Stock Performance

OTCMKTS:PCCWY opened at $7.50 on Monday. The company has a fifty day simple moving average of $6.96 and a two-hundred day simple moving average of $6.45. The company has a debt-to-equity ratio of 4.17, a quick ratio of 0.51 and a current ratio of 0.59. PCCW has a 52 week low of $4.84 and a 52 week high of $8.15.

PCCW Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, May 21st were paid a $0.3466 dividend. This represents a dividend yield of 1,162.0%. This is a positive change from PCCW's previous dividend of $0.11. The ex-dividend date was 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.

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