PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Short Interest Down 70.0% in March

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 600 shares, a decrease of 70.0% from the March 15th total of 2,000 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 1.5 days.

PT Semen Indonesia (Persero) Tbk Stock Performance

Shares of PT Semen Indonesia (Persero) Tbk stock remained flat at $3.35 during midday trading on Tuesday. PT Semen Indonesia has a 1-year low of $2.38 and a 1-year high of $5.82. The stock has a 50-day simple moving average of $3.12 and a two-hundred day simple moving average of $3.89.

PT Semen Indonesia (Persero) Tbk Company Profile

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.