PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) Sees Large Growth in Short Interest

PT Bank Rakyat Indonesia (Persero) Tbk (OTCMKTS:BKRKF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 26,600 shares, an increase of 13,200.0% from the December 15th total of 200 shares. Based on an average daily trading volume, of 104,300 shares, the days-to-cover ratio is currently 0.3 days.

Shares of BKRKF stock opened at $0.28 on Friday. PT Bank Rakyat Indonesia has a 52-week low of $0.24 and a 52-week high of $0.37. The business has a 50-day simple moving average of $0.28 and a 200-day simple moving average of $0.27.

PT Bank Rakyat Indonesia (Persero) Tbk Company Profile

PT Bank Rakyat Indonesia (Persero) Tbk is a holding company, which engages in the provision of financial services. It operates through the following segments: Micro Business, Retail Business, Corporate Business, and Subsidiary Business. The Micro Business segment offers banking products and services to individual and micro entrepreneurs.

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