Short Interest in PT XL Axiata Tbk (OTCMKTS:PTXKY) Grows By 85.6%

PT XL Axiata Tbk (OTCMKTS:PTXKYGet Free Report) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 180 shares, an increase of 85.6% from the June 30th total of 97 shares. Based on an average trading volume of 2,260 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised PT XL Axiata Tbk to a “hold” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, PT XL Axiata Tbk currently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on PT XL Axiata Tbk

PT XL Axiata Tbk Price Performance

PTXKY stock remained flat at $2.67 during mid-day trading on Thursday. The company has a fifty day simple moving average of $2.86 and a 200 day simple moving average of $3.40. The company has a market capitalization of $2.43 billion and a P/E ratio of -0.00. PT XL Axiata Tbk has a twelve month low of $2.51 and a twelve month high of $5.67.

PT XL Axiata Tbk Company Profile

(Get Free Report)

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.

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