PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Sees Significant Drop in Short Interest

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 1,300 shares, a decrease of 13.3% from the October 31st total of 1,500 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 0.4 days.

PT Adaro Energy Indonesia Tbk Stock Performance

PT Adaro Energy Indonesia Tbk stock opened at $9.00 on Monday. PT Adaro Energy Indonesia Tbk has a 52-week low of $6.83 and a 52-week high of $13.66. The business has a 50-day simple moving average of $12.03 and a two-hundred day simple moving average of $10.59.

PT Adaro Energy Indonesia Tbk Company Profile

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.