PCCW Ltd. (OTCMKTS:PCCWY) Short Interest Up 280.0% in August

PCCW Ltd. (OTCMKTS:PCCWY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 665 shares, a growth of 280.0% from the August 15th total of 175 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 466 shares, the short-interest ratio is currently 1.4 days.

PCCW Price Performance

OTCMKTS:PCCWY opened at $6.75 on Friday. PCCW has a one year low of $6.37 and a one year high of $8.31. The company has a quick ratio of 0.56, a current ratio of 0.62 and a debt-to-equity ratio of 7.79. The firm’s fifty day moving average is $6.97 and its two-hundred day moving average is $7.28.

About PCCW

PCCW Limited, also known as Pacific Century CyberWorks, is a Hong Kong-based telecommunications and media company. Through its principal operating businesses, the company provides telecommunications, broadband, mobile, information technology and digital services to consumers, businesses and organizations.

PCCW’s telecommunications interests are primarily associated with HKT, which offers fixed-line, mobile, broadband, pay-TV and related communications services in Hong Kong. The group also provides enterprise technology and systems-integration solutions, including managed network services, cloud, cybersecurity and other information and communications technology services for corporate and public-sector customers.

In addition, PCCW has businesses involved in media and entertainment, including television, streaming, digital content and related advertising activities.