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

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 2,000 shares, a growth of 100.0% from the February 13th total of 1,000 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 5.0 days.

PT Semen Indonesia (Persero) Tbk Stock Performance

Shares of PT Semen Indonesia (Persero) Tbk stock opened at $3.31 on Friday. PT Semen Indonesia has a 52-week low of $3.07 and a 52-week high of $7.60. The company’s 50 day moving average price is $3.36 and its 200-day moving average price is $4.19.

About PT Semen Indonesia (Persero) Tbk

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.