PT XL Axiata Tbk (OTCMKTS:PTXKY) Sees Large Drop in Short Interest

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 38,400 shares, a decline of 35.5% from the August 31st total of 59,500 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is presently 3.7 days.

PT XL Axiata Tbk Stock Down 5.3 %

Shares of OTCMKTS:PTXKY traded down $0.17 during midday trading on Friday, hitting $2.98. The company had a trading volume of 2,598 shares, compared to its average volume of 9,818. The firm has a fifty day simple moving average of $2.85 and a 200 day simple moving average of $2.83. PT XL Axiata Tbk has a 12 month low of $2.18 and a 12 month high of $3.65.

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.