PT XL Axiata Tbk (OTCMKTS:PTXKY) Sees Significant Growth in Short Interest

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 2,200 shares, an increase of 2,100.0% from the March 31st total of 100 shares. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is currently 0.2 days.

PT XL Axiata Tbk Stock Performance

Shares of PTXKY stock remained flat at $2.86 during trading hours on Friday. 5 shares of the stock traded hands, compared to its average volume of 12,299. PT XL Axiata Tbk has a twelve month low of $2.21 and a twelve month high of $3.65. The firm has a 50 day moving average price of $2.89 and a 200-day moving average price of $2.80.

About PT XL Axiata Tbk

PT XL Axiata Tbk, together with its subsidiaries, provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company provides cellular mobile and closed fixed network, Internet, Internet telephony and interconnection, data communication system, packet switched local fixed network, telephony, and voice over Internet protocol services.