PT XL Axiata Tbk (OTCMKTS:PTXKY) Short Interest Update

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 666 shares, a decline of 23.1% from the March 15th total of 866 shares. Based on an average daily trading volume, of 1,544 shares, the short-interest ratio is currently 0.4 days.

PT XL Axiata Tbk Stock Performance

Shares of OTCMKTS:PTXKY remained flat at $3.48 during trading on Friday. The business has a 50-day simple moving average of $3.41 and a 200-day simple moving average of $3.70. PT XL Axiata Tbk has a one year low of $2.13 and a one year high of $5.67.

PT XL Axiata Tbk Company Profile

PT XL Axiata Tbk is a leading Indonesian telecommunications operator that provides a comprehensive range of mobile and fixed wireless services. As a member of the Axiata Group Berhad, the company offers nationwide cellular voice, SMS and data connectivity under the XL and Axis brands. Its network portfolio spans 2G, 3G, 4G LTE and has begun initial roll-outs of 5G infrastructure in key urban centers, supported by a growing network of radio access sites and fiber-optic backhaul.

In addition to core mobile services, XL Axiata develops a portfolio of digital products and enterprise solutions.