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

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 2,200 shares, a growth of 2,100.0% from the March 31st total of 100 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is currently 0.2 days.

PT XL Axiata Tbk Stock Performance

Shares of OTCMKTS PTXKY remained flat at $2.86 on Friday. 5 shares of the company’s stock were exchanged, compared to its average volume of 12,299. PT XL Axiata Tbk has a fifty-two week low of $2.21 and a fifty-two week high of $3.65. The company has a 50 day moving average of $2.89 and a 200 day moving average of $2.80.

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.