Short Interest in PT XL Axiata Tbk (OTCMKTS:PTXKY) Increases By 33.3%

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 32,800 shares, an increase of 33.3% from the December 15th total of 24,600 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is currently 3.5 days.

PT XL Axiata Tbk Stock Performance

Shares of PTXKY traded up $0.11 during trading on Friday, reaching $2.67. The company’s stock had a trading volume of 1,056 shares, compared to its average volume of 13,176. The company has a fifty day moving average of $2.74 and a two-hundred day moving average of $2.78. PT XL Axiata Tbk has a twelve month low of $2.18 and a twelve month high of $3.65.

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.