PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTF) Sees Significant Increase in Short Interest

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTF) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 5,000 shares, an increase of 4,900.0% from the September 30th total of 100 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 5.6 days.

PT Semen Indonesia (Persero) Tbk Price Performance

Shares of OTCMKTS:PSGTF remained flat at $0.26 during trading on Friday. PT Semen Indonesia has a fifty-two week low of $0.26 and a fifty-two week high of $0.26. The company’s 50-day moving average is $0.34 and its 200 day moving average is $0.37.

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 mining, trading, transportation, consulting, and construction activities.