PCCW Ltd. (OTCMKTS:PCCWY) Short Interest Update

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 - Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,800 shares, agrowthof157.1% from the June 30th total of 700 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is presently 0.9 days.

PCCW Stock Performance

Shares of PCCW stock traded down $0.25 on Thursday, hitting $7.26. The company had a trading volume of 8,283 shares, compared to its average volume of 1,888. The company has a current ratio of 0.59, a quick ratio of 0.51 and a debt-to-equity ratio of 4.17. PCCW has a 52 week low of $4.91 and a 52 week high of $8.15. The business has a 50-day simple moving average of $6.99 and a 200-day simple moving average of $6.47.

PCCW Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, May 21st were given a $0.3466 dividend. This represents a yield of 1,162.0%. The ex-dividend date was Tuesday, May 20th. This is a positive change from PCCW's previous dividend of $0.11.

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.