PT XL Axiata Tbk (OTCMKTS:PTXKY) Short Interest Down 23.1% in March

PT XL Axiata Tbk (OTCMKTS:PTXKY) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 666 shares, a drop of 23.1% from the March 15th total of 866 shares. Based on an average daily trading volume, of 1,544 shares, the days-to-cover ratio is presently 0.4 days.

PT XL Axiata Tbk Trading Down 0.6%

Shares of PTXKY stock opened at $3.48 on Wednesday. PT XL Axiata Tbk has a fifty-two week low of $2.13 and a fifty-two week high of $5.67. The business’s 50 day moving average price is $3.41 and its 200-day moving average price is $3.71.

About PT XL Axiata Tbk

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.