PT XL Axiata Tbk (OTCMKTS:PTXKY) Short Interest Up 33.3% in December

PT XL Axiata Tbk (OTCMKTS:PTXKY) saw a large increase in short interest in the month of 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 Price Performance

OTCMKTS:PTXKY traded up $0.11 during mid-day trading on Friday, reaching $2.67. 1,056 shares of the stock were exchanged, compared to its average volume of 13,176. PT XL Axiata Tbk has a 1-year low of $2.18 and a 1-year high of $3.65. The business has a fifty day moving average price of $2.74 and a 200 day moving average price of $2.78.

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.