Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (OTCMKTS:TLKMF – Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 449,513 shares, an increase of 9,204.8% from the July 15th total of 4,831 shares. Based on an average trading volume of 803 shares, the days-to-cover ratio is presently 559.8 days.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance
Shares of TLKMF remained flat at C$0.16 during mid-day trading on Tuesday. Perusahaan Perseroan has a 52 week low of C$0.13 and a 52 week high of C$0.24. The business has a 50 day simple moving average of C$0.16 and a 200 day simple moving average of C$0.18.
About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, commonly known as Telkom Indonesia, is Indonesia’s largest integrated telecommunications service provider. Majority-owned by the Government of Indonesia, the company traces its modern corporate structure to its 1991 incorporation under Law No. 3 of 1989, although its operational roots date back to the colonial-era postal and telegraph services of the mid-19th century. Telkom Indonesia is headquartered in Jakarta and Bandung and employs a network of subsidiaries and associates to deliver a comprehensive suite of connectivity solutions across the archipelago.
The company’s core activities encompass fixed-line and mobile telephony, broadband internet, and data communications.
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