PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Sees Large Decline in Short Interest

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 4,300 shares, a decline of 20.4% from the May 31st total of 5,400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 21.5 days.

PT Semen Indonesia (Persero) Tbk Stock Performance

PT Semen Indonesia (Persero) Tbk stock traded up $0.40 during midday trading on Monday, reaching $4.72. 215 shares of the stock were exchanged, compared to its average volume of 1,663. PT Semen Indonesia has a 52 week low of $4.18 and a 52 week high of $9.01. The company’s fifty day moving average is $5.60 and its 200-day moving average is $6.86.

PT Semen Indonesia (Persero) Tbk Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, June 20th. Stockholders of record on Monday, May 20th were issued a $0.0743 dividend. The ex-dividend date was Friday, May 17th. PT Semen Indonesia (Persero) Tbk’s payout ratio is currently 31.74%.

PT Semen Indonesia (Persero) Tbk Company Profile

PT Semen Indonesia (Persero) Tbk manufactures, packs, and distributes cement in Indonesia and internationally. It operates through Cement Production and Non-Cement Production segments. The company is also involved in limestone and clay mining; cement bag manufacturing; industrial real estate development and building rental; ready-mix concrete and aggregates quarry production; and consulting, mining, trading, transportation, and construction activities.