Short Interest in PT Bank Central Asia Tbk (OTCMKTS:PBCRY) Increases By 914.6%

PT Bank Central Asia Tbk (OTCMKTS:PBCRY) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 48,700 shares, a growth of 914.6% from the October 31st total of 4,800 shares. Based on an average daily volume of 43,700 shares, the short-interest ratio is currently 1.1 days.

Separately, JPMorgan Chase & Co. downgraded PT Bank Central Asia Tbk from an “overweight” rating to a “neutral” rating in a research report on Monday, October 11th.

Shares of PBCRY stock opened at $13.02 on Friday. PT Bank Central Asia Tbk has a 12-month low of $9.99 and a 12-month high of $15.99.

The firm also recently declared a dividend, which will be paid on Wednesday, December 22nd. Shareholders of record on Thursday, November 18th will be given a dividend of $0.2273 per share. The ex-dividend date is Wednesday, November 17th. This represents a yield of 1.7%.

About PT Bank Central Asia Tbk

PT Bank Central Asia Tbk provides commercial banking and other financial services. It operates through the following segments: Loans, Treasury, and Others. The firm offers deposits account, transaction banking, electronic banking, cash management, credit cards, bank assurance, credit facilities, bank guarantees, export-import facilities, foreign exchange facilities, and investment products.

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