Chunghwa Telecom Co., Ltd. (NYSE:CHT) Short Interest Update

Chunghwa Telecom Co., Ltd. (NYSE:CHT) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 659,600 shares, an increase of 17.5% from the January 15th total of 561,400 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 109,400 shares, the short-interest ratio is presently 6.0 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CHT. Allworth Financial LP raised its holdings in Chunghwa Telecom by 40.5% in the third quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 265 shares in the last quarter. Ieq Capital LLC raised its holdings in Chunghwa Telecom by 5.7% in the fourth quarter. Ieq Capital LLC now owns 5,621 shares of the utilities provider’s stock valued at $212,000 after acquiring an additional 301 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in Chunghwa Telecom by 4.2% in the fourth quarter. Sivia Capital Partners LLC now owns 9,785 shares of the utilities provider’s stock valued at $368,000 after acquiring an additional 391 shares in the last quarter. OneDigital Investment Advisors LLC raised its holdings in Chunghwa Telecom by 6.2% in the third quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider’s stock valued at $316,000 after acquiring an additional 468 shares in the last quarter. Finally, First Affirmative Financial Network raised its holdings in Chunghwa Telecom by 2.1% in the fourth quarter. First Affirmative Financial Network now owns 31,156 shares of the utilities provider’s stock valued at $1,173,000 after acquiring an additional 655 shares in the last quarter. 2.11% of the stock is owned by institutional investors and hedge funds.

Chunghwa Telecom Trading Down 0.2 %

CHT stock traded down $0.09 during midday trading on Friday, reaching $38.52. 68,406 shares of the company’s stock traded hands, compared to its average volume of 103,138. The company has a market capitalization of $29.88 billion, a P/E ratio of 25.86, a PEG ratio of 21.25 and a beta of 0.20. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.47 and a quick ratio of 1.29. Chunghwa Telecom has a fifty-two week low of $35.92 and a fifty-two week high of $40.62. The business has a 50-day moving average price of $38.07 and a two-hundred day moving average price of $38.23.

Chunghwa Telecom (NYSE:CHT) last announced its quarterly earnings results on Thursday, January 23rd. The utilities provider reported $0.36 earnings per share for the quarter. Chunghwa Telecom had a net margin of 16.18% and a return on equity of 9.53%. Equities research analysts forecast that Chunghwa Telecom will post 1.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Chunghwa Telecom from a “hold” rating to a “buy” rating in a research report on Friday, January 24th.

About Chunghwa Telecom

Chunghwa Telecom Co, Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local, domestic long distance, and international long distance fixed-line telephone services; mobile services such as prepaid and postpaid plans; broadband plans; and internet and data services.