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Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (OTCMKTS:TLKMF – Get Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 13 shares, a drop of 72.9% from the April 30th total of 48 shares. Based on an average trading volume of 18 shares, the days-to-cover ratio is presently 0.7 days.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance
Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock opened at C$0.17 on Friday. Perusahaan Perseroan has a 52 week low of C$0.15 and a 52 week high of C$0.24. The business’s fifty day simple moving average is C$0.18 and its 200-day simple moving average is C$0.20.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile
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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