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PCCW Limited (OTCMKTS:PCCWY) Sees Significant Increase in Short Interest

PCCW logo with Computer and Technology background

PCCW Limited (OTCMKTS:PCCWY - Get Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,900 shares, an increase of 52.6% from the November 30th total of 1,900 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 1.6 days.

PCCW Stock Performance

Shares of OTCMKTS:PCCWY traded up $0.51 during mid-day trading on Friday, reaching $6.00. 1,642 shares of the company were exchanged, compared to its average volume of 2,664. PCCW has a 1 year low of $4.67 and a 1 year high of $6.01. The firm's 50-day simple moving average is $5.69 and its 200 day simple moving average is $5.49.

PCCW Company Profile

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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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