PLDT Inc. (OTCMKTS:PHTCF) Sees Significant Decline in Short Interest

PLDT Inc. (OTCMKTS:PHTCF) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 9 shares, a decrease of 89.3% from the July 15th total of 84 shares. Based on an average daily volume of 1 shares, the short-interest ratio is currently 9.0 days.

PLDT Stock Performance

Shares of PHTCF stock opened at $18.15 on Wednesday. PLDT has a 1-year low of $18.15 and a 1-year high of $22.50. The stock’s fifty day simple moving average is $18.24 and its 200-day simple moving average is $19.72.

PLDT Company Profile

PLDT Inc is the Philippines’ leading telecommunications and digital services provider, offering a comprehensive range of fixed-line, broadband, wireless and enterprise solutions. Through its principal subsidiaries, including Smart Communications and ePLDT, the company caters to both consumer and business markets with voice, data, video and managed ICT services. PLDT’s network infrastructure spans fiber-to-the-home, mobile LTE and 5G, satellite backhaul and submarine cable systems, supporting millions of subscribers across the archipelago.

Founded in 1928 and headquartered in Makati City, PLDT has played a central role in the development of the Philippines’ communications landscape for nearly a century.