PT XL Axiata Tbk (OTCMKTS:PTXKY) Short Interest Down 26.2% in February

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the target of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 22,500 shares, a decline of 26.2% from the February 13th total of 30,500 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is currently 2.1 days.

PT XL Axiata Tbk Price Performance

OTCMKTS:PTXKY traded down $0.12 during mid-day trading on Tuesday, hitting $2.66. 6,202 shares of the company’s stock traded hands, compared to its average volume of 10,544. The firm has a 50 day moving average of $2.75 and a two-hundred day moving average of $2.80. PT XL Axiata Tbk has a 12 month low of $2.18 and a 12 month high of $3.50.

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.