Short Interest in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (OTCMKTS:TLKMF) Expands By 9,204.8%

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (OTCMKTS:TLKMF) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 449,513 shares, an increase of 9,204.8% from the July 15th total of 4,831 shares. Based on an average daily trading volume, of 803 shares, the short-interest ratio is presently 559.8 days.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of OTCMKTS:TLKMF remained flat at C$0.16 during trading on Tuesday. Perusahaan Perseroan has a one year low of C$0.13 and a one year high of C$0.24. The stock’s 50-day moving average is C$0.16 and its 200-day moving average is C$0.18.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, commonly known as Telkom Indonesia, is Indonesia’s largest integrated telecommunications service provider. Majority-owned by the Government of Indonesia, the company traces its modern corporate structure to its 1991 incorporation under Law No. 3 of 1989, although its operational roots date back to the colonial-era postal and telegraph services of the mid-19th century. Telkom Indonesia is headquartered in Jakarta and Bandung and employs a network of subsidiaries and associates to deliver a comprehensive suite of connectivity solutions across the archipelago.

The company’s core activities encompass fixed-line and mobile telephony, broadband internet, and data communications.