Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Short Interest Up 16.9% in January

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 2,210,000 shares, a growth of 16.9% from the January 15th total of 1,890,000 shares. Based on an average trading volume of 618,700 shares, the short-interest ratio is presently 3.6 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Several institutional investors have recently modified their holdings of the business. Two Sigma Advisers LP grew its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 189.3% during the 4th quarter. Two Sigma Advisers LP now owns 37,900 shares of the utilities provider's stock worth $623,000 after buying an additional 24,800 shares during the period. Citadel Advisors LLC acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter valued at approximately $16,533,000. Jane Street Group LLC grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 351.3% during the fourth quarter. Jane Street Group LLC now owns 77,163 shares of the utilities provider's stock valued at $1,269,000 after purchasing an additional 60,064 shares during the period. Dimensional Fund Advisors LP grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 639,435 shares of the utilities provider's stock valued at $10,518,000 after purchasing an additional 16,915 shares during the period. Finally, Jump Financial LLC grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 100.0% during the fourth quarter. Jump Financial LLC now owns 54,998 shares of the utilities provider's stock valued at $905,000 after purchasing an additional 27,496 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

Shares of NYSE:TLK traded up $0.11 during midday trading on Thursday, reaching $16.18. 333,195 shares of the company's stock were exchanged, compared to its average volume of 675,512. The company's 50 day simple moving average is $16.21 and its two-hundred day simple moving average is $17.69. The firm has a market capitalization of $16.03 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 2.21 and a beta of 0.77. Perusahaan Perseroan has a 12 month low of $14.16 and a 12 month high of $26.66. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.