PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) Short Interest Update

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 2,099 shares, a growth of 1,308.7% from the April 15th total of 149 shares. Based on an average daily trading volume, of 9,985 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Zacks Research raised shares of PT Bank Negara Indonesia (Persero) Tbk to a “hold” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

PT Bank Negara Indonesia (Persero) Tbk Stock Up 0.9%

PTBRY opened at $11.60 on Tuesday. The company has a fifty day moving average of $11.74 and a 200 day moving average of $12.89. PT Bank Negara Indonesia has a fifty-two week low of $10.05 and a fifty-two week high of $16.00.

About PT Bank Negara Indonesia (Persero) Tbk

PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is one of Indonesia’s oldest and largest state-owned commercial banks. Established in 1946 shortly after the country’s independence, BNI was originally tasked with financing the fledgling republic’s economic development. Over the decades, it has grown into a diversified financial institution offering an array of banking services for retail, small and medium-sized enterprises (SMEs), corporates and institutional clients.

BNI’s core business activities encompass corporate and commercial banking, consumer and retail lending, trade finance, treasury and cash management, as well as wealth management products.