Short interest in PCCW Limited (OTCMKTS:PCCWY) rises 3,180.0%

PCCW Limited (OTCMKTS:PCCWY – Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 16,400 shares, an increase of 3,180.0% from July 15th’s total of 500 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is currently 4.1 days.

PCCW trading up 10.8%

Shares of OTCMKTS PCCWY stock opened at $5.77 on Wednesday. The stock has a 50-day simple moving average of $5.05 and a 200-day simple moving average of $5.13. PCCW has a 12-month low of $4.30 and a 12-month high of $5.77.

PCCW cuts dividends

The company also recently disclosed a dividend, which will be paid on Wednesday, September 11th. Investors of record on Monday, August 12th will be paid a dividend of $0.1051 per share. The ex-dividend date of this dividend is Monday, August 12.

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 and network telecommunications services; outsourcing, consulting and contact center services; and technical and engineering consulting services.

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