Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (NYSE:TLK) Short Interest Update

Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (NYSE:TLK) was the recipient of a significant decrease in short interest in the month of November. As of November 29th, there was short interest totalling 806,900 shares, a decrease of 14.1% from the November 14th total of 939,500 shares. Based on an average daily volume of 183,600 shares, the short-interest ratio is presently 4.4 days. Currently, 0.1% of the company’s stock are sold short.

Shares of NYSE TLK traded up $0.26 during trading on Friday, hitting $28.23. 188,453 shares of the company traded hands, compared to its average volume of 191,116. The business’s fifty day moving average is $28.87 and its 200 day moving average is $29.32. Telekomnks Indn Prsr Tbk Prshn Prsrn has a fifty-two week low of $24.27 and a fifty-two week high of $31.48. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.84 and a quick ratio of 0.82.

Separately, ValuEngine upgraded shares of Telekomnks Indn Prsr Tbk Prshn Prsrn from a “sell” rating to a “hold” rating in a report on Friday, November 8th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Baldwin Brothers Inc. MA acquired a new position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn during the third quarter valued at about $117,000. Atlas Capital Advisors LLC raised its holdings in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 1,634.1% during the third quarter. Atlas Capital Advisors LLC now owns 8,081 shares of the utilities provider’s stock valued at $243,000 after purchasing an additional 7,615 shares during the period. United Capital Financial Advisers LLC acquired a new position in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn during the second quarter valued at about $381,000. Fisher Asset Management LLC raised its holdings in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 8.9% in the 3rd quarter. Fisher Asset Management LLC now owns 13,118 shares of the utilities provider’s stock worth $395,000 after acquiring an additional 1,077 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in shares of Telekomnks Indn Prsr Tbk Prshn Prsrn by 18.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 17,359 shares of the utilities provider’s stock worth $521,000 after acquiring an additional 2,728 shares during the last quarter. Hedge funds and other institutional investors own 4.40% of the company’s stock.

About Telekomnks Indn Prsr Tbk Prshn Prsrn

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, information, and media and edutainment services worldwide. It operates in four segments: Mobile, Consumer, Enterprise, and Wholesale and International. The company offers mobile services, including mobile voice, SMS, value-added, and mobile broadband services.

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