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

PT XL Axiata Tbk (OTCMKTS:PTXKY) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 22,500 shares, a decrease of 26.2% from the February 13th total of 30,500 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 2.1 days.

PT XL Axiata Tbk Stock Performance

OTCMKTS:PTXKY traded down $0.09 on Friday, hitting $2.48. 6,419 shares of the stock were exchanged, compared to its average volume of 10,789. The stock has a fifty day moving average of $2.75 and a 200-day moving average of $2.81. PT XL Axiata Tbk has a fifty-two week low of $2.18 and a fifty-two week high of $3.50.

PT XL Axiata Tbk Company Profile

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.